Looking at the chart, it's quite interesting—the downward channel is still firmly in place, and this rally hasn't managed to break through. What's more striking is that the hourly has already entered the overbought zone, and the candlesticks are starting to hook down—a classic topping signal.
Here's the key issue: the price has gone up, but what about the trading volume? It hasn't followed at all. When price and volume are out of sync like this, these kinds of rallies usually don't last long.
In the early hours, I'm leaning toward a pullback. The strategy is simple—look for opportunities to open short positions on any rebound.
$BTC Consider entering around the 91,500-92,000 range, with the first target at the 90,000 level $ETH Suggest watching the resistance near 3,120-3,150, with a downside target around the 3,050 area
Don’t chase the highs—be patient and wait for the right levels.
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wrekt_but_learning
· 14h ago
The volume-price coordination here is indeed awkward. It's just a false rally, so just wait for the pullback.
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BearMarketSunriser
· 14h ago
When volume and price don't match, it's really something else. A fake surge quickly gets exposed. Waiting for this round to set up short positions is definitely the right move.
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tx_or_didn't_happen
· 14h ago
The volume and price are not matching; this surge feels a bit fake. I also think a pullback is imminent.
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PuzzledScholar
· 14h ago
I'm already tired of seeing this price-volume divergence thing; every time there's a fake pump, it just starts dropping again. It's really boring. But I'll keep an eye on the 91500 level; I don't want to get trapped.
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ruggedSoBadLMAO
· 14h ago
I've seen this trick of mismatched volume and price many times; it's just another case of artificial inflation. Xiang Li's analysis this time is actually pretty solid, and the short position is indeed reliable.
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fren.eth
· 14h ago
The volume and price don't match; this rally feels a bit weak. It's safer to wait for a pullback before getting in.
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SandwichTrader
· 14h ago
The volume isn't keeping up with this surge; it feels pretty shaky. I think I'll wait for a pullback before making any moves.
#美SEC促进加密资产创新监管框架 Xiang Li: Early morning of December 8 $BTC $ETH Market Analysis
Looking at the chart, it's quite interesting—the downward channel is still firmly in place, and this rally hasn't managed to break through. What's more striking is that the hourly has already entered the overbought zone, and the candlesticks are starting to hook down—a classic topping signal.
Here's the key issue: the price has gone up, but what about the trading volume? It hasn't followed at all. When price and volume are out of sync like this, these kinds of rallies usually don't last long.
In the early hours, I'm leaning toward a pullback. The strategy is simple—look for opportunities to open short positions on any rebound.
$BTC Consider entering around the 91,500-92,000 range, with the first target at the 90,000 level
$ETH Suggest watching the resistance near 3,120-3,150, with a downside target around the 3,050 area
Don’t chase the highs—be patient and wait for the right levels.