#大户持仓动态 12.20 Market Recap: Bulls Fade Quickly, Short-term Bearish Signals Emerge

Just by looking at $BTC's performance — yesterday's surge was indeed fierce, jumping from 85,500 straight up to 88,100, breaking the previous high, and boosting bullish sentiment temporarily. But today the tone changed; the price has been oscillating within a narrow range all day, repeatedly testing support and resistance, and finally closing with a doji candlestick. What does this pattern indicate? It suggests that both bulls and bears are in a brief stalemate, neither side able to overpower the other. The future trend requires more data to confirm.

Looking at the 4-hour chart makes the technical picture clearer. The MACD histogram is gradually converging, and although the DIF and DEA lines are still oscillating below the zero line, an obvious upward trend is emerging. What does this mean? The momentum for a rebound is weakening, and the likelihood of replicating yesterday’s strong rally is decreasing.

From this perspective, the short-term shorting strategy becomes quite clear:

**$BTC Strategy**: Confidently short within the 88500-88700 range, with the first target around 87000-86000, offering a solid profit margin for this wave.

**$ETH Follow-up**: Look for opportunities to short around 2980-3000, with support levels at 2900-2800. Follow the mainstream coins’ rhythm to reduce risk.

The hardest part of this market has never been judging the direction but rather finding the true trend amid oscillations and steadily profiting from it. Currently, bulls and bears are indeed in a tug-of-war. When trading, be sure to manage risk — don’t chase to fully maximize profits in one go, and cut losses when necessary. Don’t wait for sudden volatility to wipe you out. If you have different point levels, feel free to discuss. What are your thoughts?