From the weekly and daily charts, the 15-day moving average has recently broken down, which is a signal worth noting. The focus now is on the performance of the 3-day moving average's close tomorrow, particularly whether it can complete a bullish crossover — this would be a potential turning point signal.
Analyzing the trends across multiple time frames: the daily and 2-day charts are in an effective time window, while the 8-hour and 12-hour levels are forming bottoms. The pullback depth at the 6-hour level is a key point to watch in the near term, and the 4-hour level has recently shown signs of a crossover. The 2-hour level has already formed a golden cross above the zero-axis.
In terms of price, the upper resistance levels are 89288, 90320, 90847, and 91509; the lower support levels are 88366, 87257, 86807, and 86100.
Current market sentiment: Long to short ratio 1.86, fear index 29.
Trading Advice: Do not act without a clear pattern; be sure to set a stop loss before entering the market. (This content is for reference only and does not constitute investment advice.)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC Technical Analysis (December 22):
From the weekly and daily charts, the 15-day moving average has recently broken down, which is a signal worth noting. The focus now is on the performance of the 3-day moving average's close tomorrow, particularly whether it can complete a bullish crossover — this would be a potential turning point signal.
Analyzing the trends across multiple time frames: the daily and 2-day charts are in an effective time window, while the 8-hour and 12-hour levels are forming bottoms. The pullback depth at the 6-hour level is a key point to watch in the near term, and the 4-hour level has recently shown signs of a crossover. The 2-hour level has already formed a golden cross above the zero-axis.
In terms of price, the upper resistance levels are 89288, 90320, 90847, and 91509; the lower support levels are 88366, 87257, 86807, and 86100.
Current market sentiment: Long to short ratio 1.86, fear index 29.
Trading Advice: Do not act without a clear pattern; be sure to set a stop loss before entering the market. (This content is for reference only and does not constitute investment advice.)