#比特币流动性 Christmas Morning Observation: Bitcoin is currently oscillating between 85,000 and 88,000, essentially a sideways consolidation lacking clear direction. My short-term trading approach is straightforward—go short near 88,000, go long around 85,000. Each trade aims for about 1,000 points profit before closing, avoiding stubbornly fighting the market.
During the Christmas Eve session, liquidity in the US and European markets was already sluggish, and I don’t plan to stay long here. It’s likely that until Friday, the market will continue to swing between the two extremes.
From the candlestick patterns, the daily chart has been in a downtrend recently, with frequent bearish candles, indicating overall weakness. The hourly chart shows repeated oscillations around 87,000, with narrowing volatility, giving a sense that a direction may soon be confirmed. The MACD remains below the zero line, with DIF and DEA both negative, indicating a bearish setup. However, the green histogram is decreasing, suggesting a potential stabilization. The RSI is at 44, still away from oversold levels, with market sentiment between neutral and slightly bearish.
Technical suggestions: $BTC long at 86,200-87,200, targeting 88,200-89,200. $ETH long at 2,880-2,910, targeting 2,970-3,000.
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MEVSupportGroup
· 8h ago
Just sideways, anyway Christmas is the time to fish in troubled waters. A small profit of 1000 points is still profit.
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Around 86,200 is indeed a sweet spot, but be cautious of when it might suddenly crash.
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With the US and Europe sluggish, we'll just lie back and watch the show. Anyway, by Friday, it’s probably going to look the same.
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Decreasing green bars? Come on, are we aiming for a rebound or really trying to stabilize?
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Every time it hits 1000 points, I run, to avoid getting trapped. It’s much clearer than stubbornly fighting the market.
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RSI is only 44, not oversold yet. There’s still room for further decline.
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The 87,000 level keeps fluctuating, whether it breaks or pulls back will be seen in the next couple of days.
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MACD is lying below the zero line, the bears haven't given up completely. Better to be cautious.
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Secondary market liquidity is poor, slippage is terrible. Let’s wait until Monday to deal with it.
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MevShadowranger
· 8h ago
Consolidation is really annoying. A small fluctuation of 1000 points is enough for what?
Better to wait until Monday. The liquidity on Christmas Eve is indeed weak.
The over 86,200 bulls feel a bit虚, so let's see if the MACD green柱 can really stabilize.
ETH at this position might be worth a try, but make sure to set a stop loss.
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MEVictim
· 8h ago
Just sideways trading, so be it. The liquidity is already dead during Christmas, and wanting to fight the market is just foolish.
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UnluckyLemur
· 8h ago
Another day of choppy and frustrating market movements
Staring at the screen on Christmas Eve, I'm going crazy
Selling at 1000 points, I support the conservative approach
Let's wait for Friday to break the deadlock; currently, the swings are just a waste of time
The decreasing green bars are a good sign, showing some signs of stabilization
#比特币流动性 Christmas Morning Observation: Bitcoin is currently oscillating between 85,000 and 88,000, essentially a sideways consolidation lacking clear direction. My short-term trading approach is straightforward—go short near 88,000, go long around 85,000. Each trade aims for about 1,000 points profit before closing, avoiding stubbornly fighting the market.
During the Christmas Eve session, liquidity in the US and European markets was already sluggish, and I don’t plan to stay long here. It’s likely that until Friday, the market will continue to swing between the two extremes.
From the candlestick patterns, the daily chart has been in a downtrend recently, with frequent bearish candles, indicating overall weakness. The hourly chart shows repeated oscillations around 87,000, with narrowing volatility, giving a sense that a direction may soon be confirmed. The MACD remains below the zero line, with DIF and DEA both negative, indicating a bearish setup. However, the green histogram is decreasing, suggesting a potential stabilization. The RSI is at 44, still away from oversold levels, with market sentiment between neutral and slightly bearish.
Technical suggestions: $BTC long at 86,200-87,200, targeting 88,200-89,200. $ETH long at 2,880-2,910, targeting 2,970-3,000.