#BTC 12.7 Early Morning Bitcoin & Ethereum Market Analysis and Trading Recommendations

The current trend of Bitcoin truly validates the market axiom: “A rebound is not a reversal.” While the short-term upward moves may seem lively, when viewed on the daily chart, every breakout attempt is relentlessly suppressed by dense resistance overhead, with the price persistently hovering near the lower channel. The bulls’ counterattacks appear weak and feeble, with rebound space tightly locked down—more like technical struggles within a downward channel.

More notably, the entire volatility range continues to expand downward, like a tightening bag. Key technical indicators remain below the zero axis and keep trending lower, showing no signs of a turnaround. The bears not only firmly hold the wheel but continue stepping on the gas—the momentum is clear and shows no signs of exhaustion.

The market is using price action to tell us: the downtrend remains intact, and there are still no true bottoming signals. Each weak rebound could be the start of another round of declines. Until there is a clear trend reversal, following the trend remains the more rational choice. At this moment, respecting the power of the trend and staying patient may be more important than guessing the bottom. The market is always searching for balance amid volatility, and currently, the scale is clearly tipped toward the bears.

Early morning, BTC can be shorted around 90300, with a target of 89000.
Early morning, ETH can be shorted around 3070, with a target of 3000.#成长值抽奖赢iPhone17和周边 #十二月行情展望 #广场发帖领$50