2025-12-31 01:40:12

#数字资产市场动态 December 31 BTC/ETH Technical Analysis

Regarding Bitcoin, the 1-hour chart shows a very strong bearish sentiment. After the price dropped from the recent high, it attempted several rebounds but was repeatedly blocked at the old resistance level, failing to break through. The double top pattern on the hourly chart has fully played out, and now the price has directly broken below the neckline support of the double top, indicating that the short-term bearish trend has been firmly established.

From the technical indicators, all signals are pointing to bearish momentum. The RSI has sharply fallen from overbought levels and continues to decline, indicating that the bulls' strength has been nearly exhausted; the MACD red histogram is shrinking, and the fast and slow lines are about to cross, signaling increasing bearish momentum; the Bollinger Bands are opening downward, and the price has been oscillating below the middle band, confirming a weak market structure. In the short term, the risk of decline significantly outweighs the potential for upward movement.

**BTC Strategy**: Consider short positions if the price rebounds to the 89,000-89,700 range. If it breaks below the key level of 87,700, then look further down towards 85,500.

**ETH Strategy**: Short positions can be considered if the price rebounds around 3,000-3,050. The first target is the 2,900-2,750 range. If this level is also broken, continue to stay bearish. $BTC

BTC-0,64%

ETH0,36%

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GateUser-cff9c776

· 20h ago

It's the same old saying again... double top, death cross, breaking support, I can almost recite it by heart, but will the floor price really move according to the aesthetic of the candlestick chart? [Dog Head] Speaking of which, it's like trying to force-fit NFT valuation models with traditional art valuation methods, the logic is so perfect it's a bit ironic. RSI crashing down confirms a bearish trend? Then I want to see how the 89,000 resistance level is "established"—the supply and demand curve tells me a different story. I'm not opposed to short-term bearishness, but don't be blinded by technical indicators. This might be the most perfect interpretation of the current bear market philosophy: the clearer the chart, the more exaggerated the rebound.

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RektButStillHere

· 20h ago

It's another bearish pattern. I remember the 89,700 level, but I feel it will fluctuate again...

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SeasonedInvestor

· 20h ago

The bears are so fierce, can it rebound above 89,000... It feels like once 87,700 breaks, it will head straight to 85,500.

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HashBard

· 20h ago

the double top finally gave up lol... honestly this narrative reads like a shakespearean tragedy rn, resistance becomes ceiling becomes floor becomes grave. RSI's just screaming capitulation vibes fr

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