The market is experiencing higher trade volumes and a heavy drop, with BTC falling 5000 points in a single day and ETH dropping over 230 points. In the last four hours, short positions have exceeded 3.3 billion USD, and in the last 12 hours, long orders have gotten liquidated reaching 550 million USD.
The daily level rebound encounters pressure at the middle track of the Bollinger Bands, with MACD showing no bullish divergence. The double bottom resonance pattern is difficult to form, and bottom fishing should be done with caution. #十二月行情展望
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The market is experiencing higher trade volumes and a heavy drop, with BTC falling 5000 points in a single day and ETH dropping over 230 points. In the last four hours, short positions have exceeded 3.3 billion USD, and in the last 12 hours, long orders have gotten liquidated reaching 550 million USD.
The daily level rebound encounters pressure at the middle track of the Bollinger Bands, with MACD showing no bullish divergence. The double bottom resonance pattern is difficult to form, and bottom fishing should be done with caution.
#十二月行情展望