#比特币与黄金战争 Technical analysis for the morning session on December 25



From the 4-hour K-line, the overall trend is clearly dominated by a bearish outlook. The Bollinger Bands' upper and lower bands continue to expand downward. After the price was pushed down from the upper band, it broke through the middle band in one go, and is now continuing to fall along the lower band, with each rebound being lower than the last.

The MACD death cross is becoming steeper, with red bars continuously enlarging, indicating that the bears are constantly releasing energy, and the bulls are struggling to keep up. In the short term, it is highly likely to either continue oscillating and breaking through support or directly look for new support levels.

Regarding Bitcoin, the range of 87800-88800 may become a short-term resistance. If it cannot break through, the target should be around 8600.

For Ethereum, there will be resistance around 2970-3000, with a focus on the 2870 level below.
BTC0.72%
ETH-0.01%
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FortuneTeller42vip
· 7h ago
It's starting to crash again. Can it really stop this time? Feels like 88k is just a joke.
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JustAnotherWalletvip
· 8h ago
Are the bears so fierce? If 87800-88800 can't be broken, do we really have to wait for 8600? Feels like it's going to drop so much that the wallet will cry, haha.
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ContractExplorervip
· 8h ago
The Bollinger Bands are crashing down like this, and the bears are really coming wave after wave, making the bulls gasp for breath. We must hold the 8600 level; if it breaks, I think we might need to look further down. The MACD death cross is so steep, indicating that the downward momentum is still quite strong. Be cautious. It's that time again to stay up late watching the K-line. This market is really torturous. If 2870 can't hold, ETH might also have to follow suit. It's tough.
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