2025-12-24 01:24:58

The crypto world is actually very cruel; luck and strength are most feared to be confused, and short-term victories cannot be relied upon for the long term. What truly allows one to survive is that long-term rationality and persistence.

Last night, Bitcoin's drop to 87121 was a bit fierce, but it quickly stabilized. After the morning session surged to around 88349, it began to face pressure again, and the overall rhythm is still in that narrow range oscillation mode. Meanwhile, Ethereum showed a more obvious divergence; after rising from 2899 in the evening, it continued to oscillate upwards, reaching a high of 2987 in the early morning.

From the daily chart, after three consecutive bullish candles, there have been two bearish candles in a row, indicating a clear pressure from the middle band of the Bollinger Bands. Although the Bollinger Bands are narrowing, the middle band line is slowly moving downwards, making it difficult to see any significant rebound in this weak consolidation rhythm. The four-hour level illustrates the issue more clearly, with prices alternating between the middle and lower bands of the Bollinger Bands, while the long upper shadows indicate that selling pressure is far greater than the support below. The most critical point is that the MACD has already crossed to the downside and is continuing to diverge downwards, indicating a clear advantage for the bears from a technical perspective.

Considering the recent fluctuations in the market have been minor, along with the continuous market closures in the US, it may be worthwhile to consider shorting at the points where rebounds encounter resistance in the short term.

It is recommended to place short positions on Bitcoin in the range of 87500-88000, targeting around 86000.

Ethereum can be shorted in the range of 2970-3000, with a target support around 2850.

BTC1,12%

ETH0,51%

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MetaverseHermit

· 12-26 20:25

Yeah, that's right. I also learned the hard way... --- The short-term gains are not enough to fill the long-term gaps. I should have realized this earlier. --- The Bollinger Bands have a death cross, this rhythm is indeed weak, still need to wait for an opportunity. --- It's another narrow-range fluctuation, so annoying. Let's just keep messing around like this. --- I'll place a short order at 87500 first and see how low it can go. --- Sticking to rationality sounds simple, but during actual operation, I was still scared by the coin price and my mindset collapsed... --- 2987 is probably the top, now shorting doesn't feel like a loss. --- With such strong selling pressure, how can it rebound? Just accept it, everyone. --- Long-term holding? I'll see if I can survive this week first.

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WalletManager

· 12-26 17:21

There's nothing wrong with that, but I see that in this MACD death cross wave, the bears are indeed in the lead. However, those who truly profit are still the ones holding tight to their chips. I'm also watching for short-term short opportunities, just worried about a reverse breakout. I still hold BTC in my multi-signature wallet.

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MEVSandwichVictim

· 12-24 01:55

It’s the same old clichés again, true but tiresome to hear; the key is how many can actually achieve it.

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MetaDreamer

· 12-24 01:55

Ugh, they're talking about "long-term rationality" again. I've been hearing this for three years, and it's still the same... Is the short order layout really profitable now?

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MetaEggplant

· 12-24 01:48

Talking about long-term rationality again, then immediately giving short order advice, this operation is really something. --- With the Bollinger Bands' death cross, daring to say the bears are in control, be careful of getting trapped. --- That wave at 87121 was really scary, but quickly stabilizing shows there are still people supporting the market. --- The market is so narrow, shorting or going long is just gambling, I choose to continue lying flat and observing. --- Long-term rationality sounds nice, but who can really persist? I definitely don’t have that kind of determination. --- Ether rose from 2899 to 2987, this wave of increase is actually quite good, but the pressure above is indeed large. --- Did the MACD death cross mean to short? This routine has to be played out every month, and the result is? --- The middle band slowly moving down is a nice detail to observe, it's rare for someone to pay attention to this. --- The US stock market is closed, this period is indeed suitable for resting, don't fight against this market. --- You're right, winning in the short term leads to the worst kind of inflation, I've seen too many of these.

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BTCBeliefStation

· 12-24 01:38

Now they are talking about "long-term rationality" again, it sounds nice, but the key is to survive until that day. I've seen enough of the combination of Bollinger Band contraction and MACD death cross; there are indeed opportunities for short positions. To be honest, that wave at 87121 last night was terrifying, and now I'm just waiting for a rebound to be crushed. The differentiation between Ether and Bit is so obvious, it feels like something is about to happen. Long-term rationality? Let's survive this wave where the bears are dominant before we talk about that.

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