2025-12-24 01:10:10

#BTC资金流动性 The market has reached a point where the oscillation pressure is indeed significant. From a larger time frame perspective, the Candlestick is repeatedly testing the bottom, with Bullish and Bearish lines alternating, and the short positions are still building strength, not yet at the stage of full release. The repeated appearance of long lower wicks at the bottom indicates that buying pressure is present, but selling pressure is also strong.

Looking down further becomes even more interesting. On the hourly level, this weak pattern has become very obvious — the price has fallen out of the previous consolidation range, and the moving averages are starting to empty out. Each rebound is losing strength, and there is a strong feeling of repeatedly testing the lower levels. In the short term, this thought should lean towards bearish, focusing on whether it will break down again. Whether to enter the market still depends on whether the lower levels can hold. $ETH's performance in this wave is also worth observing.

BTC0.75%

ETH0.16%

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.

13 Likes

Reward
13
7
Repost
Share

Comment

0/400

MEVVictimAlliance

· 16h ago

Grinding at the bottom is getting a bit annoying, this pace really is torturous Are the bears still gathering strength? It doesn't seem like the buying pressure is that weak, let's see if we can hold this wave Be cautious in the short term, a breakdown would be troublesome What is ETH going to do? Still waiting for a signal Is this lower shadow at the bottom for accumulation? Not quite sure Each rebound is weaker than the last, really a bit frustrating

View OriginalReply0

MEVictim

· 12-24 06:46

I'm tired of this bottom-fishing routine; it's still about seeing through the break or not. Only when it breaks does the story begin.

View OriginalReply0

New_Ser_Ngmi

· 12-24 01:39

Grinding the bottom again? It feels like the short positions are holding back a big move. If it continues to decay at this hourly level, what will we do if the lower level really can't hold...

View OriginalReply0

DegenMcsleepless

· 12-24 01:38

Short positions are still holding back, this lower wick is indeed catching a falling knife, but no one can say for sure where the bottom is. Let's talk about it after it breaks down, entering the market now is just a gamble. How will this little ETH move?

View OriginalReply0

SelfStaking

· 12-24 01:22

I've heard enough of this bottoming strategy; every time they say repeated testing, but what’s the result? A Rebound is immediately sent back to its original shape. It's hard to believe that it can hold up below; breaking the level is already a done deal. Once the moving averages are in a short positions arrangement, it starts to lean bearish; why not just short it all the way down? This wave of ETH's performance is indeed worth watching, but I bet five bucks it’s another instant death on the Rebound. Breaking the level has become a fact; waiting any longer will be too late. Short positions are gaining strength? Wake up, everyone; it has already been fully released.

View OriginalReply0

FlatlineTrader

· 12-24 01:18

I'm a bit tired of grinding the bottom, it feels like I have to keep messing around.

View OriginalReply0

Anon32942

· 12-24 01:12

I'm tired of this bottom grinding routine; the key is whether it can hold, otherwise it will be another Cut Loss drama.

View OriginalReply0