#以太坊行情技术解读 December 11 evening $BTC $ETH Technical Analysis and Trading Ideas in Real-Time

On the four-hour chart, Bitcoin has been weakening and falling back from the upper band of the Bollinger Bands to the lower band. In the short term, there appears to be some stabilization, but the problem is that the rebound strength is always insufficient, and it cannot return above the middle band. This indicates that the bear force is still dominating the situation. Although there are many long lower shadows at the bottom, showing that bulls are accumulating at lows, the subsequent rebounds are weak and lack momentum, making it hard for the rally to continue. The price remains trapped within a low range, mostly just technical corrections.

The hourly chart shows a similar situation. The price repeatedly tests the lower Bollinger Band, indicating some bottom support. However, each rebound is firmly suppressed by the middle band, preventing a real volume breakout upwards. Bulls have tried several times to stabilize the situation but cannot find enough momentum for sustained upward movement. This reflects low market participation and insufficient buying power. Currently, this oscillation and adjustment seem more like a breather after bear energy release, with the overall structure still weak and in accumulation.

From a macro perspective, although the short-term remains volatile, the rebound gains are severely limited, and the momentum is weak. The bear pattern has not been fundamentally reversed. The key point moving forward is that if the rebound continues to lack strength and the support levels are repeatedly tested and broken, the market is likely to extend further downward. Trading strategies should focus on watching for signs of resistance and rejection at the rebound highs, while also paying attention to whether key support levels below are effectively broken.

Specific suggestions:
$BTC Short around 91,000 tonight, targeting around 89,200
$ETH Short around 3,265 tonight, targeting around 3,165