#大户持仓动态 Last night's market was really exciting, brothers. The speed of the rise was exactly the same as the speed of the fall. The intention behind that pump was very clear—clearing the chips above. If it really wanted to continue rising, it wouldn't immediately reverse after a rally.



Bitcoin briefly touched the previous resistance at 90,300, then quickly corrected, retesting the support at 85,000. Fortunately, this level held, and a rebound followed. Now, 85,000 has been tested three times. The more a support level is tested, the higher the chance it will be broken—this is a basic rule.

In the short term, the neckline at 87,150 is a critical dividing line. Whether Bitcoin can hold steady here will determine the next move.

Looking at Ethereum's performance, the decline was indeed significant. The head and shoulders pattern was broken, and the previous low was also breached, with new lows appearing. If the rebound on the hourly chart of Bitcoin cannot stay above 2840, Ethereum's downward pressure will not be relieved, and continuing to hit new lows is only a matter of time.

$BTC $ETH $XRP

It is recommended to wait until tonight's market before making decisions.
BTC0.55%
ETH1.75%
XRP-0.46%
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ForkThisDAOvip
· 20h ago
85000 is really precarious, testing three times feels like playing with fire. Don't think about the next wave of market unless 87150 breaks.
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OnchainHolmesvip
· 12-20 13:19
The support at 85000 has been tested three times, feeling dangerous. We must hold tonight. --- Manipulating the market with pump and dump tactics, big players are really skilled; retail investors are just the ones being harvested. --- If Bitcoin can't break 87150, then Ethereum will continue to be pushed down. Anyway, they are all trapped together. --- When I first started playing, I thought these levels were very important. Now I realize the more support is tested, the thinner it gets. It will break sooner or later. --- Tonight's market is crucial. Whether this wave can save the market depends on this moment. --- The breakout of the trumpet pattern, I knew there was no good news. If Ethereum continues like this, it's really risky. --- Brothers who dared to buy the dip at 90300 probably have their mentality shattered now. A painful lesson. --- Repeated testing of support makes it easier to break. That's not wrong, but who knows when it will actually break? --- Three tests at 85000, I bet it will break tonight. --- If 87150 can't hold, then the whole market will be dominated by bears.
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MevWhisperervip
· 12-18 09:31
If this level at 85,000 is tested three more times, I really have to cut my losses. I can't stand this repeated torment.
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ColdWalletGuardianvip
· 12-18 09:23
This level at 85,000 is really fragile. After three tests, it still dares to stand? I bet it will break this time.
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DegenWhisperervip
· 12-18 09:22
Once 85,000 breaks, it's really time to run. This support level has been hammered so many times; it feels like it can't hold up much longer.
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GasFeeLovervip
· 12-18 09:06
I've tested this level 85,000 three times already. If I keep testing, I might break it. It's fate...
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