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#数字货币市场回调 After the lunch break, this rebound clearly lacks momentum. Bitcoin rose from the low in the morning, but couldn't push past around $86,800, and it started to drop without even touching the $87,000 level, indicating that there is still heavy selling pressure above. Now it's back around $86,500, and the long positions seem to really be unable to pump anymore. There's a high probability it will either continue to move sideways to digest, or prepare for a second bottom test.



From the market perspective, the rebound K line on the hourly chart has a long upper shadow, which is an obvious resistance signal. The range from $87,800 to $89,200 is currently a strong resistance zone. If it doesn't regain this level, the short-term will still favor the bears. If it breaks below today’s low of $85,700, it may likely continue to seek support at $85,000 or even lower. $ETH is also quite weak.

Bitcoin strategy: short in the range of 86800-87300, looking at 85500
Ethereum Strategy: Short in the 2850-2880 range, looking at 2780
BTC7.06%
ETH8.9%
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DeFiAlchemistvip
· 2h ago
the long upper wick screams capitulation theater... that 87k rejection? *adjusts instruments* it's like watching the philosopher's stone crumble before our eyes. the protocol's liquidity dynamics are transmuting into a bear's wet dream fr fr
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gas_guzzlervip
· 9h ago
It's this trap again, the long positions really have no temper, can't break through 87k, what do they want?
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CountdownToBrokevip
· 12-01 11:20
Another revisit to the bottom? Brother, I've heard this prediction too many times, every time saying it will fall, and what happened... Forget it, let's just stay out, anyway, the long positions have no strength left.
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SchrodingerWalletvip
· 12-01 11:20
After shouting for half a day, it still hasn't broken 87k. This long positions is really tired, huh.
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GmGnSleepervip
· 12-01 11:19
Oh no, it's going to test the bottom again, and the coin in my hand hasn't breakeven yet.
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digital_archaeologistvip
· 12-01 11:13
It's going to test the bottom again, this rhythm is really amazing... where have the long positions gone, how can it be so dull just like that?
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degenonymousvip
· 12-01 11:13
86800 has emptied a hand there, now it just depends on whether it can fall back to 85500, if not, it feels like preparing for a second bottom test.
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GateUser-74b10196vip
· 12-01 11:07
The long upper shadow has broken the low point, the long positions really have no chance this time, the bears are firmly controlling the rhythm. It is firmly pressed at 86800, and it feels like it will continue to test the support at 85000.
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GoldDiggerDuckvip
· 12-01 11:06
It's starting to drag again, this rebound is really uninteresting. 87k is basically unreachable, the bears are still in control. --- Shorting at 86.8k is indeed a strategy, just see if it can break 85.7. --- Long upper shadow + selling pressure, this market data is a bit annoying. --- The long positions are really lacking energy right now, feels like a second probe is coming. --- ETH is also dropping in price, both are weak. --- This rebound is just a trap, if it can't break 87, it will go down directly. --- Short-term is still stable for the bears, aiming for 85500.
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