#数字资产市场洞察 Yesterday, Bitcoin's market was still very promising. After surging to around 89,500 in the morning, it started to pull back, dropping all the way down to 84,400 before stopping. Then it rebounded.



From the hourly Bollinger Bands, the channel is continuously expanding, indicating that short-term market volatility is clearly increasing, and the sideways trading characteristic is very prominent. In the three-line structure, a weak expanding pattern has formed with upper band resistance and lower band pulling apart. Although there have been some sideways consolidations after touching the lower band recently, and brief breakthroughs of the middle band, the trading volume did not follow through after the breakout, which shows that the bears still hold the upper hand.

My view is as follows—
BTC: 89,200-88,100 range, with support at 85,400-84,200
ETH: 2,970-3,030 range, with support at 2,840-2,780

Pay attention to the performance of $SOL, $XRP, and $BNB.
BTC1.54%
ETH2.15%
SOL2.93%
XRP4.24%
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ProofOfNothingvip
· 23h ago
The bears aren't backing down yet, but the trading volume is so weak.
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ContractExplorervip
· 12-19 04:28
The bears are still quite fierce. The recent dip to 84,400 is really intense. This 5,000-point drop feels like a choppy consolidation, constantly buying the dip and cutting losses. The key is whether the trading volume can keep up; otherwise, we might need to test lower levels. Recently, the performance of SOL and a few others is definitely worth watching; it feels like there could be an opportunity. The Bollinger Bands are so wide, indicating that volatility will remain high. Around 87,000 might be a good entry point.
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DAOdreamervip
· 12-19 04:26
The bears are still holding on, huh? It feels a bit uncomfortable if we can't break through the midline this time.
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LightningHarvestervip
· 12-19 04:25
Bollinger Bands are widening this wave, and the bears are still in control. What does a breakout without volume indicate?
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MissingSatsvip
· 12-19 04:04
The bears are still suppressing it; touching the upper band this time will cause it to drop. This round favors the bears; let's see if it can break 84,200. Really, if the trading volume doesn't keep up, it's a signal—don't chase the highs. Keep an eye on SOL; it feels like it's about to move. If ETH breaks below 2840, there is still room for downside. Forget it, wait for volume confirmation before talking; right now, it's just a volatile asset. How about BNB? Is it more stable than BTC?
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FundingMartyrvip
· 12-19 04:03
The bears are still bleeding out. Just looking at this trading volume, you can tell no one really dares to take the bait.
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