#比特币对比代币化黄金 **Midday Update on December 6: BTC Technical Scan**
Let’s look at the recent price action—after bottoming out at 2978 earlier, it’s just been grinding sideways with small ups and downs, and we still haven’t seen a solid bullish breakout. What does this mean? The bulls’ rebound is really lackluster, a classic weak consolidation after a drop, definitely not a sign of a trend reversal.
Right now, the price is sitting at 3037, already retracing 4.16% intraday. In terms of position, it’s right below the middle Bollinger Band, with the upper band pressing down and the lower band flattening out. In the short term, bears are still in control; at best, this is just a breather after being oversold.
Indicator-wise? The KDJ’s J line is about to hit the overbought zone—even though the K and D lines are in a bullish crossover, the J line is about to turn down, signaling that the momentum for this rebound is fading fast. MACD-wise, the histogram is still negative and hugging the zero line, with DIF and DEA almost overlapped—the market’s tug-of-war is ongoing, the bearish trend hasn’t reversed, and the rebound lacks the follow-through it needs.
**Trading Ideas for Reference:** On the 1-hour chart, this move is a weak rebound after being oversold, with bears dominating. Every time it rebounds to the middle Bollinger Band, it gets pushed back down, and KDJ is about to enter the overbought zone—so there’s very limited upside. If it can’t break through resistance, odds are we’ll see another leg down.
Suggestion: If it pulls back to the 3010-2970 range, you can try a light long position, aiming for around 3055-3080. Remember: keep it light!
The above is just my personal view, for reference only. $BTC $ETH $BNB
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LiquidityOracle
· 9h ago
Another weak rebound like this, the bears are far from finished. You can try bottom-fishing with a light position.
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ChainWatcher
· 9h ago
It's another weak rebound like this. The bulls really have no strength. Wait for a pullback to 3010 before getting in.
View OriginalReply0
CoffeeOnChain
· 9h ago
Same old trick again—every rebound gets crushed, bears are calling the shots.
View OriginalReply0
CrossChainMessenger
· 9h ago
Dropping again? The middle band of the Bollinger Bands is really a stubborn hurdle, and the bears haven't backed off yet.
#比特币对比代币化黄金 **Midday Update on December 6: BTC Technical Scan**
Let’s look at the recent price action—after bottoming out at 2978 earlier, it’s just been grinding sideways with small ups and downs, and we still haven’t seen a solid bullish breakout. What does this mean? The bulls’ rebound is really lackluster, a classic weak consolidation after a drop, definitely not a sign of a trend reversal.
Right now, the price is sitting at 3037, already retracing 4.16% intraday. In terms of position, it’s right below the middle Bollinger Band, with the upper band pressing down and the lower band flattening out. In the short term, bears are still in control; at best, this is just a breather after being oversold.
Indicator-wise? The KDJ’s J line is about to hit the overbought zone—even though the K and D lines are in a bullish crossover, the J line is about to turn down, signaling that the momentum for this rebound is fading fast. MACD-wise, the histogram is still negative and hugging the zero line, with DIF and DEA almost overlapped—the market’s tug-of-war is ongoing, the bearish trend hasn’t reversed, and the rebound lacks the follow-through it needs.
**Trading Ideas for Reference:**
On the 1-hour chart, this move is a weak rebound after being oversold, with bears dominating. Every time it rebounds to the middle Bollinger Band, it gets pushed back down, and KDJ is about to enter the overbought zone—so there’s very limited upside. If it can’t break through resistance, odds are we’ll see another leg down.
Suggestion: If it pulls back to the 3010-2970 range, you can try a light long position, aiming for around 3055-3080. Remember: keep it light!
The above is just my personal view, for reference only. $BTC $ETH $BNB