From the daily chart, the rally on the 19th was quite good, with Bitcoin rising from 85,500 to 88,100, just breaking through the previous day's high. On the 20th, it slowed down and formed a small doji star, with the bulls and bears temporarily at a standstill.
The 4-hour technical indicators are interesting—MACD bars are shrinking continuously, and although the DIF and DEA lines are still below the zero line, they are starting to move upward. This signal suggests that the short-term rebound may not be so strong.
Regarding Bitcoin: the 88,700-88,500 range is a resistance zone. If it can't break through, a pullback may occur, with targets around 87,000-86,000.
For Ethereum: the 3,000-2,980 level is a key resistance. If it can't hold, watch out for 2,900-2,800.
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MEVvictim
· 12h ago
It's another stalemate. Is this way of doing things interesting? It might be better to just take a painful drop.
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PumpStrategist
· 13h ago
Small doji star paired with MACD shrinking, a typical sign of risk buildup before release. If 88500 can't be broken, I'll directly look at 86000. Don't give yourself any illusion space.
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MEVHunter
· 13h ago
macd lines creeping up but still stuck below zero... this retracement smell is getting too obvious. 88.5k resistance gonna get tested hard, mempool's already showing the setup. eth staying limp above 3k tho, weak hands probably liquidating into the 2.8 zone soon ngl
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SatoshiNotNakamoto
· 13h ago
It's another deadlock situation. It feels like Bitcoin has been dragging on these past two days. I really want to see a breakdown.
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WagmiOrRekt
· 13h ago
Another sluggish market, it feels like Bitcoin and Ethereum are just dragging their feet. Stay vigilant on those key points.
#以太坊行情解读 December 20 Evening Market Observation
From the daily chart, the rally on the 19th was quite good, with Bitcoin rising from 85,500 to 88,100, just breaking through the previous day's high. On the 20th, it slowed down and formed a small doji star, with the bulls and bears temporarily at a standstill.
The 4-hour technical indicators are interesting—MACD bars are shrinking continuously, and although the DIF and DEA lines are still below the zero line, they are starting to move upward. This signal suggests that the short-term rebound may not be so strong.
Regarding Bitcoin: the 88,700-88,500 range is a resistance zone. If it can't break through, a pullback may occur, with targets around 87,000-86,000.
For Ethereum: the 3,000-2,980 level is a key resistance. If it can't hold, watch out for 2,900-2,800.