Bitcoin is still consolidating at a low level, with the price approaching the key support at 83,786. From the candlestick pattern, a hammer has appeared, which somewhat signals a rebound. However, it must be acknowledged that the trend indicators are not very coordinated, and the momentum is waning, so how far the rebound can go is uncertain. The market is testing whether this support can truly hold, and in the short term, it is likely to remain volatile.
From the perspective of support strength and pattern, consider the strategy of accumulating at low levels. If a rebound occurs, the next resistance to watch is at 88,477.6.
Regarding Bitcoin, it is currently trading in the range of 84,800-85,300, with the upside target looking towards 86,000-87,000.
Ethereum is currently around 2,790-2,810, with a potential to rise to 2,920-2,960 if the opportunity arises.
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GateUser-addcaaf7
· 12-18 20:20
Thinking about a rebound as soon as a hammer candlestick appears? I think it's uncertain. The most frustrating part is the diminishing momentum. Anyway, I'll wait for a pullback to decide.
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PseudoIntellectual
· 12-18 20:16
Hammer candlestick, huh? I think this rebound signal is a bit weak. How can the momentum decay and still go far? Let's wait and see if it can really hold the 83786 level before making any moves.
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DegenTherapist
· 12-18 20:13
Hammer candles are back again. Can we catch them this time? To be honest, I'm a bit exhausted. The deceleration of momentum is just slapping me in the face.
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SerumSurfer
· 12-18 20:01
It's another situation of accumulation at a low level. It's really boring. With the momentum waning, are you still expecting a rebound?
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FlatTax
· 12-18 19:55
Hammer candlestick? Momentum decay? I'm afraid this rebound won't last long.
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0xOverleveraged
· 12-18 19:55
Another volatile market, really getting on my nerves. When will we finally see a decent rebound?
#美国证券交易委员会推进数字资产监管框架创新 December 19 Morning Analysis
Bitcoin is still consolidating at a low level, with the price approaching the key support at 83,786. From the candlestick pattern, a hammer has appeared, which somewhat signals a rebound. However, it must be acknowledged that the trend indicators are not very coordinated, and the momentum is waning, so how far the rebound can go is uncertain. The market is testing whether this support can truly hold, and in the short term, it is likely to remain volatile.
From the perspective of support strength and pattern, consider the strategy of accumulating at low levels. If a rebound occurs, the next resistance to watch is at 88,477.6.
Regarding Bitcoin, it is currently trading in the range of 84,800-85,300, with the upside target looking towards 86,000-87,000.
Ethereum is currently around 2,790-2,810, with a potential to rise to 2,920-2,960 if the opportunity arises.
$BTC $ETH