#BTC 12.23 Night Market Bitcoin Ethereum Market Analysis and Trading Suggestions

The current market bearish pattern has been fully established, and the trend continues to strengthen after breaking downwards. Any short-term rebound serves as a buildup of energy for a new round of decline. The four-hour K-line repeatedly tests the lower support, with a clear pressure formation, and the bearish structure remains strong and intact. The MACD divergence signal is further released, and the indicators continue to extend below the zero axis, indicating that bearish momentum is still expanding. Follow the official account: Sheng Dong's Trend Theory.

The hourly level trend highlights the dominant characteristics of the bears: prices are consistently suppressed by the zero axis, the rebound strength is weak and difficult to sustain, and every upward correction quickly encounters selling pressure. Market sentiment is clearly leaning towards caution, with funds continuously flowing out of high-risk assets. Although panic selling has not occurred on a large scale, a downward trend has already formed a self-reinforcing mechanism.

Both technical indicators and capital flows point to a continuation of the bearish trend, with the rebound being merely a technical correction within the downward trend. In terms of operations, one should maintain a mindset of shorting on rebounds and avoid blindly trying to catch the bottom. If the key support level below is breached, the downside may open further. The market has not yet shown clear signs of a bottoming out, and until signs of a trend reversal appear, following the trend remains the most prudent strategy.

Overall, the bearish momentum has not shown signs of exhaustion, and the downward channel remains intact. Any rebound in the short term will provide an opportunity to build short positions at high levels. Investors need to closely monitor changes in trading volume and the competition for key price levels, while strictly controlling position risks. #2025Gate年度账单 #加密市场小幅回暖 #Gate社区圣诞氛围感