Bitcoin fluctuated between 89500 and 90600 yesterday, with the average price hovering around the 90,000 mark, making it difficult to have a breakthrough opportunity in the short term. Ethereum is similarly under pressure, with short positions still existing around 3060 to 3080, but the difficulty of entering a position has noticeably increased today.
From a technical perspective, Ethereum needs to stabilize at the key support level of 2970 before it can rebound. This is currently a strong resistance position in the market, and without breaking through here, it is difficult to form an effective rebound. In the short term, both Bitcoin and Ethereum are in the phase of digesting previous gains, and patiently waiting for signals is more rational than blindly chasing highs.
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NonFungibleDegen
· 2025-12-23 14:53
ngl this consolidation is giving me blue balls fr fr... 90k feels like a wall made of paper hands' cope. eth at 2970 support or we're definitely ngmi this cycle
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GateUser-bd883c58
· 2025-12-23 14:52
The 90,000 mark just can't be broken, this market trend is a bit frustrating.
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ApeShotFirst
· 2025-12-23 14:52
Damn, it's the 90,000 level again. When can we break through it?
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Waiting for a signal? Dude, I've been waiting for half a month, my pants are about to fall off.
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Has 2970 held? If not, I'll admit defeat.
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Short position opportunity? Are you kidding? I went all in a long time ago.
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What is this wave digesting? It's just digesting my principal, right?
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Chase the price? Can't not chase it, fear of missing out (FOMO) kicked in.
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Again with the technicals and support level, still falling!
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Patience, wait, wait, until I run out of money.
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MoonMathMagic
· 2025-12-23 14:50
The 90,000 mark has been stuck for so long, well, I might as well continue to lay flat.
Wait, can 2970 really hold? It feels precarious.
This wave of volatility has me all messed up, better to watch patiently.
Chasing the price is really a tax on intelligence, I've learned that.
It's so uncomfortable being stuck here, when will it finally break through?
Bitcoin fluctuated between 89500 and 90600 yesterday, with the average price hovering around the 90,000 mark, making it difficult to have a breakthrough opportunity in the short term. Ethereum is similarly under pressure, with short positions still existing around 3060 to 3080, but the difficulty of entering a position has noticeably increased today.
From a technical perspective, Ethereum needs to stabilize at the key support level of 2970 before it can rebound. This is currently a strong resistance position in the market, and without breaking through here, it is difficult to form an effective rebound. In the short term, both Bitcoin and Ethereum are in the phase of digesting previous gains, and patiently waiting for signals is more rational than blindly chasing highs.