From the 4-hour timeframe, the market momentum looks rather pessimistic — Bollinger Bands are slowly narrowing downward, and the MACD is also turning down. The energy bars are still present, but the KDJ clearly shows no upward strength. Switching to the 1-hour chart, the situation is somewhat different: Bollinger Bands are opening downward, the MACD bars are diminishing, and the energy is shrinking, but here the KDJ is trying to recover upward.
Overall, $BTC faces significant resistance around 90500-91000. If it cannot break through, a dip towards 89400-88400 is very likely. For $ETH, the key resistance is at 3210-3230; once broken, support levels are at 3160-3130. $SOL follows the trend of major cryptocurrencies.
Technical indicators show short-term adjustment pressure, but the specific direction will depend on upcoming volume performance.
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CexIsBad
· 1h ago
The Bollinger Bands are trending downward, and the KDJ is weak... This market is really exhausting, feels like it's about to dip again.
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SelfCustodyBro
· 12-11 11:19
The 90,000 mark is stuck again; it seems we need to wait a bit longer.
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LiquidationSurvivor
· 12-11 11:16
The Bollinger Bands are shrinking again. If this wave can't break through, it looks like it will drop further. Time to start the heartbeat game again.
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YieldWhisperer
· 12-11 11:15
lol the math on these support levels literally doesn't check out... watched this exact resistance pattern collapse in 2021, tvl's prolly inflated anyway. honestly if btc can't hold 90.5k it's just gonna dump harder, seen this death spiral design before. ngl the whole "volume will decide it" copium hits different when you actually track the wallet patterns tbh
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DegenGambler
· 12-11 11:05
It's the same trick again, KDJ is still struggling while the volume has already withered. If it can't break 90,000, it really could drop to 88.
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PessimisticOracle
· 12-11 11:02
It's the same old tune of "key resistance levels" again—waiting for BTC to break through before testing downward. Anyway, it can always be explained, right?
Thursday Night Market Scan
From the 4-hour timeframe, the market momentum looks rather pessimistic — Bollinger Bands are slowly narrowing downward, and the MACD is also turning down. The energy bars are still present, but the KDJ clearly shows no upward strength. Switching to the 1-hour chart, the situation is somewhat different: Bollinger Bands are opening downward, the MACD bars are diminishing, and the energy is shrinking, but here the KDJ is trying to recover upward.
Overall, $BTC faces significant resistance around 90500-91000. If it cannot break through, a dip towards 89400-88400 is very likely. For $ETH, the key resistance is at 3210-3230; once broken, support levels are at 3160-3130. $SOL follows the trend of major cryptocurrencies.
Technical indicators show short-term adjustment pressure, but the specific direction will depend on upcoming volume performance.