#美SEC促进加密资产创新监管框架 On the evening of December 8, Bitcoin and Ethereum taught everyone another lesson—what it means to wick both up and down.
Both of today’s short setups were profitable. The first short was opened around 89,500 and 3,020, but the price shot up directly to 3,070 and 90,300—the highs of the past two days—before reversing. This rally was indeed strong. From the lows of 2,903 and 87,700, prices surged all the way up to 91,500 and 3,133, which is a significant increase. Looking at the candlesticks, after the previous sharp drop, the market is now gradually rebounding, moving in a choppy upward trend.
On the four-hour chart, a long lower shadow bullish candle has appeared, indicating strong buy support below. Technically, both the MACD’s DIF and DEA lines are hovering near the zero axis, and the histogram has just turned from negative to positive, suggesting increasing bullish momentum, but whether it can be sustained remains to be seen. Now that the price has reached the previous resistance level, I tend to expect a pullback first.
The trading plan for the early morning is simple: $BTC Consider shorting in the 91,300–91,800 range, with a target around 89,000; $ETH For 3,130–3,150, consider short positions with a target of 3,040, and look for further downside if that level breaks. Stop-losses should be set above 93,000 and 3,200.
This strategy is for reference only. The market changes rapidly, and you are responsible for your own profits and losses. There may be a delay in the article's publication, so refer to the real-time market for accuracy.
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ContractSurrender
· 14h ago
The matter of inserting the needle is staged every day, and I am numb haha
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TokenStorm
· 12-09 09:01
This wick is really insane. My short position is barely surviving, but looking at the MACD histogram just turning positive... I have a feeling the bulls are preparing for a big move.
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SleepyValidator
· 12-07 18:50
This spike was really incredible. I managed to profit from my short position, but looking at the MACD now, I'm not sure if the price can really go up from here.
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FarmHopper
· 12-07 18:44
The 91,800 resistance level really does warrant caution; the wick was too sharp and my stop loss got taken out immediately.
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NewDAOdreamer
· 12-07 18:38
The wicks are insane, it's like they're designed to liquidate you no matter what🤣
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SelfStaking
· 12-07 18:35
Pin bar is really insane, shorts got squeezed out again by a violent pump. This round of price action is too exciting.
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DataBartender
· 12-07 18:21
Damn, it's this kind of wick-up-and-down crappy market again. Already used to it.
#美SEC促进加密资产创新监管框架 On the evening of December 8, Bitcoin and Ethereum taught everyone another lesson—what it means to wick both up and down.
Both of today’s short setups were profitable. The first short was opened around 89,500 and 3,020, but the price shot up directly to 3,070 and 90,300—the highs of the past two days—before reversing. This rally was indeed strong. From the lows of 2,903 and 87,700, prices surged all the way up to 91,500 and 3,133, which is a significant increase. Looking at the candlesticks, after the previous sharp drop, the market is now gradually rebounding, moving in a choppy upward trend.
On the four-hour chart, a long lower shadow bullish candle has appeared, indicating strong buy support below. Technically, both the MACD’s DIF and DEA lines are hovering near the zero axis, and the histogram has just turned from negative to positive, suggesting increasing bullish momentum, but whether it can be sustained remains to be seen. Now that the price has reached the previous resistance level, I tend to expect a pullback first.
The trading plan for the early morning is simple: $BTC Consider shorting in the 91,300–91,800 range, with a target around 89,000; $ETH For 3,130–3,150, consider short positions with a target of 3,040, and look for further downside if that level breaks. Stop-losses should be set above 93,000 and 3,200.
This strategy is for reference only. The market changes rapidly, and you are responsible for your own profits and losses. There may be a delay in the article's publication, so refer to the real-time market for accuracy.