2025-12-27 02:21:50

Bitcoin is currently hovering around the 87,400 level, with the daily chart showing a back-and-forth within the 4-hour channel. In the early hours, it attempted to test the bottom of the channel downward, but after rebounding to the midline, it was pushed back. It seems that the bulls are running out of steam at this point, and the possibility of further downside exploration remains quite high.

Looking at the technical indicators makes it even clearer. The MACD histogram is expanding, but the DIF and DEA have already formed a death cross, which is not a very good sign. The three lines of the KDJ are all spreading downward and are about to enter the oversold zone. The RSI has also turned downward, showing no signs of a rebound or recovery. Several key indicators are all pointing to the same conclusion — there is still room for further downside in the short term, so caution should continue to be exercised.

BTC0,35%

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CryptoSurvivor

· 13h ago

87400 is repeatedly being rubbed at this level. The bulls are really losing strength. A death cross and still not moving away, do we have to wait until it’s oversold to react? All indicators show a bearish signal, now the trap is going to be deeper. MACD shows volume but a death cross, I’ve seen this routine many times, another wave coming. Is KDJ diverging and oversold? The pace is a bit urgent. Be cautious in the short term, in plain words, it’s still going to fall, right? If 87400 doesn’t hold, it’s only a matter of time. Just keep watching the show. The bulls are indeed out of strength right now; rebounds are being crushed. Annoying.

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MetaverseVagabond

· 12-27 16:46

Oh no, the bulls really have no strength left. Are we about to enter a new bottoming phase again? --- KDJ is all diverging, this feels a bit risky. Can the 88,000 hold? --- The death cross is still accompanied by increased volume. I've seen this pattern too many times. --- The oversold zone is back again. Is this really the bottom this time? Not sure. --- All indicators are bearish. I think reducing positions first is the safer move. --- Repetitive friction around 87,400. Feels like the next step might be a breakdown.

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RektRecovery

· 12-27 02:50

dead cat bounce tbh... watched this exact pattern play out a dozen times before. macd death cross? classic setup. kinda predictable ngl, indicators all screaming the same bearish tune rn. seen it, lived through it, posting the screenshot later when it dumps further lmao

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GateUser-1a2ed0b9

· 12-27 02:47

The bulls really have no strength left; this time, 87400 probably can't hold. The KDJ is all over the place, and the oversold zone is beckoning.

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SudoRm-RfWallet/

· 12-27 02:47

The bulls are out of strength. I've seen this pattern too many times; every time they say it's a bottom, but then it rebounds and a new trap line begins. Why does a death cross necessarily mean a bear market? I see that the KDJ is oversold, which is actually a bottom signal. A few days ago, there was a sharp decline followed by a direct rally. If the 87400 level gets stuck, then let it be. Instead of looking at indicators, it's better to look at on-chain data—that's where the real gold is. Based on these few lines, I want to buy the dip, but I need to wait for the signal to be truly confirmed before making a move. The technicals are indeed a bit weak, but the most absolute statements often lead to reversals. This has been my deepest lesson over the past two years.

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StakeTillRetire

· 12-27 02:23

87400, this line really can't hold. The bulls are already exhausted, and it's time to test the waters further down. As soon as the death cross appeared, I knew to run. The KDJ is also diverging, and it might really break the level now. All indicators suggest a downward probe. What are you waiting for? Stop-loss quickly, everyone. The MACD red histogram is expanding, but a death cross has occurred. This signal is like eating a three-day rebound, pretty damn frustrating. The entire 4-hour channel is just repeatedly being manipulated. There is still some room in the short term. I'll choose to watch the show first.

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ChainWallflower

· 12-27 02:23

Damn, is it going to drop again? This time it really feels a bit uncertain.

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