Each Candlestick carries the Consensus of market participants, and the coins in hand are a ballot for the future. There are no fixed stands in this market; every Wallet is driving this transformation.



Indeed, no one can be 100% accurate. Some are good at holding and waiting, while others decisively cut losses. It is actually difficult to distinguish between winning and losing; the key is whether one can maintain a sufficiently high win rate and stay grounded in the market.

Taking myself as an example, today's overall layout is two long positions of Bitcoin paired with one short position, and Ethereum is also deployed with the same idea. Currently, the position yield is pretty good, and I will continue to share my trading thoughts in the future.

Looking at the current technical situation of the market - on the four-hour level, after the price broke through the upper Bollinger Band with five consecutive bullish candles, the bullish momentum has clearly weakened, followed by a pullback after a high. From a pattern perspective, a signal of reaching a peak and pulling back has already emerged, and the intention for a technical adjustment is very clear.

Switching to the one-hour chart, after a continuous rise, the market has experienced two consecutive bearish candles, with the price falling back below the upper Bollinger Band. More importantly, the MACD volume bars are decreasing, and the three lines of KDJ and RSI have formed a death cross and are expanding downwards. Multiple technical indicators are resonating downwards simultaneously.

Based on these signals, my suggestion is to maintain a bearish outlook. Specifically:

**Bitcoin** can seek shorting opportunities around 90000-90500, with a target looking towards 88500.

**Ethereum** can be shorted around 3060-3080, with a target below at 2980.

The market rhythm is changing, and patiently waiting for good entry points will be crucial.
BTC-0.6%
ETH-1.3%
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InscriptionGrillervip
· 11h ago
Well, another confident analyst, directly going short after a five consecutive bullish candles breaking the Bollinger Bands? I see, this trick has been used hundreds of times in the crypto world, every time claiming it's a technical adjustment, and in the end, the long positions eat through your stop loss in one go...
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GhostAddressHuntervip
· 12-22 16:57
Bro, after five consecutive ups, the death cross resonance, I'm familiar with this trap. It's really not wrong to short at 90500. Pursuing a high win rate is not as important as staying alive, that's the real deal. Can 88500 break? It feels like it needs to be tested repeatedly. 2980 is a bit deep for this point, need to prepare mentally.
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liquidation_watchervip
· 12-22 16:52
Drunk again, playing with data to tell stories.
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GasWastervip
· 12-22 16:49
ngl this breakdown is solid but honestly my main concern rn is what the gas fees gonna look like when i actually execute these entries... already watched my cost-basis get absolutely nuked by unexpected gwei spikes, not doing that again lol
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CryptoSurvivorvip
· 12-22 16:45
Sounds like a good idea, but it feels like we still have to see the market's mood. --- I agree with the logic of betting on the win rate, but I'm afraid a pullback might ruin all expectations. --- Five consecutive bullish candles break the Bollinger Bands, and you want to go short? I usually wait a bit longer for this kind of reverse operation. --- Shorting BTC around 90,000? To be honest, it feels a bit too hard; why do I feel that major institutions are still in accumulation? --- Two consecutive bearish candles plus a death cross is indeed interesting, but the issue of indicators losing effectiveness is not a new one. --- Ether at 2980 is a bit far from the target; there have been quite a few rebounds in between. --- "Patience to wait for a good entry point" is the most crucial statement, it's more valuable than the technical analysis itself. --- The configuration is nice, with both long and short positions, just depends on whether we can maintain our mindset moving forward.
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