The market's early session showed a fast rise and fall rhythm—bulls are indeed still present, but there are obvious signs of a trap for the bulls. The Bollinger Bands on the 4-hour level are currently in a contraction mode, indicating that the short-term fluctuation space is being compressed.
The KDJ has entered the equilibrium zone, and the K line has crossed below the D line, forming a death cross, signaling a clear weakness on the technical front. Overall, continuing with the morning strategy into the afternoon is fine—sell on rebounds and primarily focus on shorting.
Key positions at noon: • $BTC: looking for shorts in the range of 88700-89200 • $ETH: Looking to short in the 2990-3020 range
At the same time, pay attention to the performance of the currencies ANIME, LELLYJLLY, PIEVERSE, and BAS.
The expectation of federal liquidity injection is still fermenting, and short-term market sentiment is still affected by this - waiting for more guidance to land.
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AirdropChaser
· 18h ago
The death cross is back. This time, you really have to honestly short, don't be fooled by the trap of false bullish signals.
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GhostAddressMiner
· 12-23 02:51
The death cross signal is so obvious, yet there are still people chasing rising prices? The on-chain capital flow has already indicated the issue; the addresses that entered the market with 88500 should now be trapped.
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MemecoinTrader
· 12-23 02:33
ngl the fed liquidity play is peak social arbitrage rn... everyone's frontrunning the same narrative, classic consensus trap lol
#美联储回购协议计划 December 23 market data briefing:
The market's early session showed a fast rise and fall rhythm—bulls are indeed still present, but there are obvious signs of a trap for the bulls. The Bollinger Bands on the 4-hour level are currently in a contraction mode, indicating that the short-term fluctuation space is being compressed.
The KDJ has entered the equilibrium zone, and the K line has crossed below the D line, forming a death cross, signaling a clear weakness on the technical front. Overall, continuing with the morning strategy into the afternoon is fine—sell on rebounds and primarily focus on shorting.
Key positions at noon:
• $BTC: looking for shorts in the range of 88700-89200
• $ETH: Looking to short in the 2990-3020 range
At the same time, pay attention to the performance of the currencies ANIME, LELLYJLLY, PIEVERSE, and BAS.
The expectation of federal liquidity injection is still fermenting, and short-term market sentiment is still affected by this - waiting for more guidance to land.