The crypto market has been arguing all day—sideways narrow fluctuations, and traders holding positions are losing confidence. Until just before the close, a sudden sharp move occurred, with prices dropping through yesterday’s lows in one go, breaking the stalemate of the entire day.
The key now is whether the 87400 level can rebound and hold. If it cannot, then a further decline is likely.
In this kind of frustrating and repetitive market, don’t rush to buy the dip, really. During rebounds, shorting is actually more stable—start with small positions to test the waters, and only add more once the direction is confirmed. This way, you can control risk and avoid being caught in the oscillations.
💡 Trading reference: 🔹 Bitcoin: Resistance around 87450, target at 8600-85500 🔹 Ethereum: Range 2940-2970, target towards 2870-2840
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GateUser-e19e9c10
· 8h ago
This line at 87,400 needs to hold steady, or it will continue to drop further.
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GhostInTheChain
· 8h ago
87400 is really a tough barrier. If it doesn't stabilize, it will continue to decline. Feeling exhausted.
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SatoshiSherpa
· 8h ago
Another day of frustrating market movements, my heart is almost worn out haha
If 87400 can't hold, I guess we'll have to keep digging in the basement for support
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GasWhisperer
· 8h ago
mempool's been screaming all day... 87400 is basically the only thing between us and further chaos. ngl the fee patterns on these bounces are telling a different story than the price action tho. anyone else watching the gwei waves or just me catching the real inefficiency here
Reply0
MemeTokenGenius
· 8h ago
You're just messing around there again. I'm damn well going to sleep directly. When I wake up, everything's fallen apart.
#比特币流动性 December 25 Early Morning Market Brief
The crypto market has been arguing all day—sideways narrow fluctuations, and traders holding positions are losing confidence. Until just before the close, a sudden sharp move occurred, with prices dropping through yesterday’s lows in one go, breaking the stalemate of the entire day.
The key now is whether the 87400 level can rebound and hold. If it cannot, then a further decline is likely.
In this kind of frustrating and repetitive market, don’t rush to buy the dip, really. During rebounds, shorting is actually more stable—start with small positions to test the waters, and only add more once the direction is confirmed. This way, you can control risk and avoid being caught in the oscillations.
💡 Trading reference:
🔹 Bitcoin: Resistance around 87450, target at 8600-85500
🔹 Ethereum: Range 2940-2970, target towards 2870-2840
$BTC $ETH