#美联储重启降息步伐 How to view the midday market on December 7?
The market was very calm during the day yesterday, but at night it surged to 90,200 but couldn't hold, and this morning it was directly smashed down to 88,800—a swing of 1,400 points. Now the price is stuck around 89,200, moving back and forth.
But don't get it wrong, this rebound is just a breather; the main trend is still downward.
Looking at the technical indicators: On the 4-hour chart, the price is sticking to the lower Bollinger Band, which continues to move downward; MACD is diverging downward below the zero axis, with bears clearly in control. The daily chart is even more direct—three consecutive bearish candles, the previous rebound has already been suppressed, and now the bearish force is obviously stronger.
How to operate?
$BTC Look to set up short positions in the 89,800–90,300 range, targeting 87,800–88,300 $ETH Set up short positions at 3,070–3,100, looking down to the 2,800–2,950 range
In short, don't rush to bottom-fish—let the dust settle a bit longer.
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NervousFingers
· 23h ago
Swinging back and forth by 1400 points is indeed quite fierce this time, but I still think the rebound potential might be bigger than analysts expect.
It's true that it's easiest to lose money when trying to catch the bottom, so it's right to wait a bit longer.
I've seen too many signals like the Bollinger Bands sticking to the lower band—sometimes it's just a false breakout, so don't take it too seriously.
Saying the bears are in control just because of three red candles is a bit too absolute. Anyway, I still have confidence in the rebound ahead.
The 89200 level is indeed a sticking point, which shows that bulls and bears are fighting over it. There might be some changes this afternoon.
The short position was set a bit conservatively; I feel like this drop might not be as strong as expected.
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SchrodingerWallet
· 12-07 06:57
A 1400-point pullback and you still want to catch the bottom? Wake up, the bears aren’t done playing yet.
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The lower Bollinger Band is still dropping, isn’t that a signal? You’re insisting on catching a falling knife.
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What I fear most is this kind of back-and-forth grinding, then the last line gets pierced straight through.
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The MACD is diverging like this and you’re still hesitating? Isn’t shorting sweet?
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Every time people say “let the bullet fly for a while,” but the bullet always flies downward.
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I’ve entered a short at 89,800, but I still feel a bit uneasy. Will this breakdown really hold?
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Three consecutive red candles and you still want a rebound? Dream on, I’ve got this figured out.
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Can the key support at 88,800 hold? That’s the real question.
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Another “don’t rush to bottom fish,” they say it every time, and every time I miss the move.
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Last night it surged to 90,200 and now it’s dumped to 88,800. The main players are really ruthless this round.
View OriginalReply0
FarmHopper
· 12-07 06:55
Bollinger Bands are hugging the lower band, MACD is still dropping, the bears just won't quit.
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Another "don't try to catch the bottom" routine, I'm sick of hearing it.
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Stuck at 89200, not moving at all, feels like there’s more dumping to come.
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How do you play with three consecutive red candles? Better wait for a rebound.
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"Let the bullets fly" sounds nice, but in reality it just means more getting rekt.
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That drop down to 88800 was a total mindset breaker.
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I'm scared to set up shorts now, this market is too sneaky.
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Three red candles in a row, just not giving us any chance to breathe.
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Glad I didn't try to catch the bottom yesterday, or I'd be stuck again this morning.
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Stuck at 89200 not moving an inch, how long do we have to wait for a rebound?
View OriginalReply0
SigmaValidator
· 12-07 06:54
1400 points back and forth, this pace is really a bit fast, better to keep holding short positions.
Damn, it's dumping again. When will it finally bottom out?
The lower Bollinger Band is still trending down, this trend really hasn't reversed, still bearish.
Don't rush to catch the falling knife, let it drop a bit more this round, there will definitely be more opportunities.
It's grinding around 89300 over and over, so annoying, might as well just dump hard and get it over with.
Three red candles right there, who would dare to try to catch the bottom? Only a fool would.
The bears are so aggressive, feels like there will be another leg down.
View OriginalReply0
HalfPositionRunner
· 12-07 06:43
It’s dropping again. Damn, how long is it going to fall before I can buy the dip?
View OriginalReply0
NotFinancialAdvice
· 12-07 06:33
Trying to trick me into buying the dip again? I've already been trapped several times, man.
With bears this aggressive, I'll just wait and see. Let's talk after it breaks 87,800.
I've heard about MACD divergence way too many times—every time it ends up rebounding and slapping me in the face.
But this 1,400-point drop is indeed pretty brutal. Gotta be careful.
#美联储重启降息步伐 How to view the midday market on December 7?
The market was very calm during the day yesterday, but at night it surged to 90,200 but couldn't hold, and this morning it was directly smashed down to 88,800—a swing of 1,400 points. Now the price is stuck around 89,200, moving back and forth.
But don't get it wrong, this rebound is just a breather; the main trend is still downward.
Looking at the technical indicators: On the 4-hour chart, the price is sticking to the lower Bollinger Band, which continues to move downward; MACD is diverging downward below the zero axis, with bears clearly in control. The daily chart is even more direct—three consecutive bearish candles, the previous rebound has already been suppressed, and now the bearish force is obviously stronger.
How to operate?
$BTC Look to set up short positions in the 89,800–90,300 range, targeting 87,800–88,300
$ETH Set up short positions at 3,070–3,100, looking down to the 2,800–2,950 range
In short, don't rush to bottom-fish—let the dust settle a bit longer.