#JoinGrowthPointsDrawToWinGoldenBar Liangqiu | 12.18 Bitcoin & Ethereum Forward Outlook


Bitcoin and Ethereum have shown repeated upward and downward spikes in recent sessions, indicating that the market is approaching a critical phase. Continuous long and short position adjustments suggest strong disagreement between bulls and bears. Prices are now hovering near key technical levels, volatility remains relatively compressed, and directional choice may emerge soon.
After the market reopened above 86,000, Bitcoin rallied again on news momentum toward the 89,500 area, while Ethereum followed to around 2,990. However, both assets have since entered a weak oscillation phase. Ethereum remains closely linked to Bitcoin’s structure, continuing to show rapid spikes followed by pullbacks. Recent highs near 90,350 for Bitcoin and 3,030 for Ethereum were quickly rejected, and although another rebound appeared tonight, overall resilience has clearly weakened.
Looking ahead, attention should be paid to resistance near yesterday’s highs. If price fails to break and hold above these levels, the probability of a pullback increases. The market is currently better suited for range-based strategies rather than aggressive trend chasing. Patience and confirmation are essential as the next larger move is likely to be volatility-driven.
All analysis and strategy are for reference only. Market conditions can change rapidly, so always rely on real-time data and manage risk independently.
BTC0.97%
ETH3.28%
post-image
post-image
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)