2025-12-08 01:00:27

#数字货币市场洞察 BTC and ETH Market Review for the Morning of December 8

The price action in the early hours was quite exciting. Both bulls and bears fought fiercely at key levels, with neither side willing to give ground. Bitcoin surged strongly from a low of $87,688, briefly reaching a high near $91,722, but unfortunately couldn't hold it and failed to continue the upward momentum. It then pulled back nearly 3,000 points to around $88,890, and is now hovering near the $90,000 mark waiting for an opportunity. Ethereum followed Bitcoin's lead, rising from $2,903 all the way up north to a $3,150 high, before retreating back to the $3,010 area, currently consolidating near $3,050.

Looking at the daily chart, the overall trend is still bearish. Although the KDJ indicator is operating in a strong zone, the KD lines have already formed a death cross at high levels, with downward signals starting to appear. The three RSI lines are running in a weak area, showing a clear lack of bullish momentum and unable to organize an effective rally. The longer the market fails to break higher, the greater the chance of a decline.

This morning's trading strategy remains focused on shorting—sell on rallies. Until all technical signals clearly turn bullish, going long rashly is too risky. With the year-end approaching, various funds may take action to make their reports look better, injecting large amounts of capital to pump the market, but such rallies are often unsustainable. It's best to follow the main trend and go with the flow for the most stable strategy.

Specific trading suggestions:
For Bitcoin, consider short positions in the $90,000–$90,500 range, targeting around $89,000.
For Ethereum, consider entering shorts in the $3,050–$3,080 range, targeting around $3,000.

$BTC $ETH

BTC4.25%

ETH8.84%

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YieldFarmRefugee

· 12-08 02:07

It's the same old death cross signal again. I've seen too many of these end-of-year pump tricks. Honestly, the only right move is to stick with shorting.

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ProposalDetective

· 12-08 01:23

That drop in the early morning was really brutal. From 91722 down, it plunged 3000 points straight—way too intense. When it comes to short setups, year-end capital movements are really hard to predict, so it's better to be cautious. Damn, the KD just had a death cross. That's not a good signal. I've heard "short on rallies" a lot, but the trend really does look like this. Can the 89000 line hold? Feels doubtful.

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BearMarketBuyer

· 12-08 01:21

That wave in the middle of the night was really thrilling, $90,000 was tugged back and forth, I almost got shaken out. Talking about shorting again, I'm tired of hearing this stuff. Who knows, maybe there will be a sudden pump at the end of the year. I get the technical death cross, but the market just loves to slap indicators in the face. Is it really true? I'm still holding my position tight. Anyway, I bought the dip, so I'm not afraid—I'll wait to break even next year. Why does everyone have to listen to the KDJ? Too many analysts have been proven wrong by it. Can $90,000 really hold? Feels like the upward momentum isn't strong enough. You can’t make money shorting, so I’ll bet on a rebound instead. The market is just annoying right now—can't go up, can't go down, just dragging on. There are indeed often surprises at the end of the year, but is it really a bear market this time? That $3,000 line is hard to hold. Watching it, it looks like it's about to break down.

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Degen4Breakfast

· 12-08 01:21

That move in the early morning was really intense. Pumped and then dumped at the 90,000 mark—classic bull trap routine. --- KD has made a death cross and you still want to push higher? Wake up, everyone. --- I hate year-end earnings season the most, it's just fake prosperity. If you should short, then short. --- ETH is following really steadily. The question now is whether it can break 3,000. --- I've heard "short every rally" countless times, the key is who can actually do it. --- RSI is this weak and there are still people going long? Gotta admire the courage. --- Around 90,000 is indeed a good short position, just depends if it can hold. --- Funds coming in to pump the market at year-end—heard this every year, getting tired of it. --- If the trend is bearish, just short. Don’t understand why some people still go against the trend. --- This BTC pullback is tough to watch. Holding 89,000 is the key.

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unrekt.eth

· 12-08 01:18

Here we go again, shorting every time it goes up? Bro, it's the end of the year, the big players are pumping the market and you really dare to go short? --- That 3000 level feels shaky, this ETH rebound is pretty strong. --- I'm also uncomfortable seeing the KD death cross, but going all-in on shorts like this... feels a bit like gambling. --- Every time there's an analysis like this, the market goes the other way—I’m starting to have doubts. --- I agree with the idea that good reports can pump the market, but it's hard to say how long it will last. --- I'm watching that 90000-90500 range too, but I don't have the guts to go short. --- That move in the early morning was really intense, I almost thought it was going to hit a new high. --- Forget it, I'll just stay on the sidelines. I’ve never made money shorting anyway. --- BTC is in a really awkward position right now—can't go up, can't go down either. --- The fact that Ethereum couldn't hold 3150 says a lot, it might really be leaning bearish.

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WhaleSurfer

· 12-08 01:02

That move in the early morning was really intense, the 90,000 level kept getting pulled back and forth, just watching it is exhausting. The KD death cross is so obvious and you still want to go long? I wouldn’t dare to bet on that. --- With the funding situation so complicated at the end of the year, honestly I’m a bit nervous, feels like it could dump at any moment. --- I agree with the idea of shorting on the highs, but you have to manage the risk well, don’t get trapped too badly. --- You still need to be cautious when setting up short positions, market sentiment has been too unstable these past few days. --- The KDJ death cross is real, but I’m still waiting for bottom confirmation, I don’t want to enter this early. --- ETH can’t break above 3050, the pressure is definitely high, but let’s not be too pessimistic. --- I’ve heard so many times that year-end pumps aren’t sustainable, but what happened? It still got pushed up anyway. --- I didn’t go all-in on this short position, feels like there’s still some uncertainty. --- The overall trend is bearish, that’s true, but below 90,000 the support still feels pretty strong.

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