Tuesday morning, December 16th, BTC/ETH analysis and sharing



From a daily chart perspective, Bitcoin surged yesterday but then significantly pulled back, finally closing with a bearish candle. The medium bearish candle formed in the morning ended the previous three consecutive bullish rebounds, indicating that the upward momentum on the daily chart has slowed down. The overall market trend remains weak, with short-term bulls and bears in intense struggle, and the market has entered a phase of consolidation and differentiation.

On the 4-hour chart, the price rebounded near the middle band but faced clear resistance, then continued to decline and broke below the lower band, forming a series of downward candles. Although there is short-term disagreement—bears believe the correction needs to continue, while bulls expect a minor rebound after a pullback—the continuous breakdowns on the 4-hour chart suggest that the short-term structure is more bearish, with room for further correction. Overall, the rebound followed by a pullback in this high volatility pattern indicates that the market still faces adjustment pressure after the rally.

Bitcoin: Range of 86,500-86,700 with a target of around 84,200
Altcoins: Range of 3,020-3,040 with a target of around 2,880
$BTC $ETH #加密市场反弹 #美联储降息预测 #比特币跌破关键价位
BTC-0.58%
ETH-0.84%
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Sesamevip
· 12-16 07:12
How to get in
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A钟灵vip
· 12-16 02:32
Hop on board!🚗
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A钟灵vip
· 12-16 02:32
Hop on board!🚗
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A钟灵vip
· 12-16 02:32
Hop on board!🚗
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