#加密生态动态追踪 Bitcoin daily chart shows signs of weakness, with the price retracing to support levels for short-term stabilization. On the 4-hour chart, after four consecutive bearish candles probing the lows, a rebound occurred with a bullish close, but it was immediately met with resistance at the middle band of the Bollinger Bands, leaving a prominent long upper shadow—this is a typical bearish trap signal. The pattern of consolidation with decreasing volume at higher levels indicates that upward momentum is being exhausted. The hourly chart shows a different picture, with bulls showing some signs of recovery, rebounding to recover nearly half of the previous decline. The long upper shadow suggests downward pressure is easing, and the price is approaching the middle of the range with potential for a breakout, presenting a short-term bullish bias.



However, on the larger timeframe, Bitcoin's downward trend framework remains unchanged. Considering market sentiment and trend inertia, it is recommended to focus tonight's trading strategy on a high-level short position.

Specific suggestions:
• Bitcoin: Short around 90,000, targeting 88,000
• Ethereum: Short around 3,160, targeting the 3,000 region

$BTC $ETH
BTC-3.94%
ETH-5.83%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GhostAddressMinervip
· 15h ago
Short trap? Haha, it's the old trick again. Look at those orders shorting at 90,000; nine out of ten are likely to be wiped out. The key is the fund flow behind it. I checked the on-chain data and found that a primary address just transferred out 2,000 BTC from a dormant wallet yesterday. This is something worth pondering.
View OriginalReply0
AllInDaddyvip
· 15h ago
Short squeeze? Buddy, your analysis is a bit too optimistic. I think we need to wait a bit longer. --- It's both Bollinger Bands and long shadows; basically, the direction hasn't been confirmed yet. --- ? Dreaming, I don't think it will hold that level. --- High-level shorts sound pretty risky. The recent market is really unpredictable. --- I want to see Ethereum at 3000, but I'm afraid it will rebound again. --- Who dares to hold heavy positions in this kind of market? I'm choosing to wait and see. --- Feels like every day someone is calling for a short, but the coins are still rising.
View OriginalReply0
FlashLoanPhantomvip
· 15h ago
It looks like the same old tune again, I've heard the high-level shorts too many times before --- Is the middle Bollinger Band resistance a short-selling trap? This logic is a bit questionable --- The hourly chart shows signs of a bullish trend, but the daily chart indicates a bearish trend, isn't that contradictory? --- I don't have the confidence to go short at 90000; I feel 88000 might not hold --- Every time they say the long-term cycle hasn't changed, but we're repeatedly trapped --- Is decreasing volume consolidation just consuming momentum? This theory needs to be updated --- We still have to look at on-chain data; chart analysis is a bit too subjective --- At 3160, still daring to short ETH? That's crazy --- Honestly, this rebound is just a trap to induce longs; the bearish framework is still in place --- If long shadows are so useful, technical analysis could make money easily
View OriginalReply0
CountdownToBrokevip
· 15h ago
Short trap—this phrase always sounds a bit empty... Constantly being whipped between bulls and bears is really annoying. Another short at a high level. I bet this 88,000 won’t be reached at all; the rebound is the main course. Wait, is this really a drop this time or just another fluctuation? Please give a clear signal. The middle band of the Bollinger Bands doesn’t really mean much; looking at the bigger picture on the daily chart is more important. My short positions are about to get trapped and wiped out. I hope this analysis isn’t just another scam to cut the leeks again.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)