2025-12-23 13:41:33

#BTC对标贵金属的竞争格局 Bitcoin's previous falling trend has stalled, and it is now caught in a tug-of-war period.

Looking at the 4-hour level, the price is repeatedly crashing towards the lower edge of the Bollinger Bands, each time being pushed back by a rebound — this support line is like a wall, firmly preventing the fall, indicating that the bulls are putting in considerable effort to defend here.

What is the key? The fact that it can't be broken after multiple impacts is a sign that the support is strong enough.

The key will be how it moves in the evening. As long as this support line holds and is not broken, the suppressed bulls may very likely reverse and a new uptrend could come just like that. $BTC

BTC-0.78%

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NftBankruptcyClub

· 16h ago

The lower band of the Bollinger Bands is so strong, the long positions are not in vain. If it doesn't break support in the evening, it will rebound.

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4am_degen

· 12-23 14:13

The lower bound of the Bollinger Bands is really holding strong, the long positions are defending it, and it feels like the probability of breaking the level in the evening is not high.

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NullWhisperer

· 12-23 14:10

actually, that support wall's been stress-tested enough times now... but let's be real, one solid wick below and the whole narrative flips. nothing's truly "hard" in crypto until it holds under actual liquidation pressure.

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GateUser-afe07a92

· 12-23 13:57

This support line is really strong, long positions are holding on tight.

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