🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
#数字资产市场动态 December 31 BTC/ETH Technical Analysis
Regarding Bitcoin, the 1-hour chart shows a very strong bearish sentiment. After the price dropped from the recent high, it attempted several rebounds but was repeatedly blocked at the old resistance level, failing to break through. The double top pattern on the hourly chart has fully played out, and now the price has directly broken below the neckline support of the double top, indicating that the short-term bearish trend has been firmly established.
From the technical indicators, all signals are pointing to bearish momentum. The RSI has sharply fallen from overbought levels and continues to decline, indicating that the bulls' strength has been nearly exhausted; the MACD red histogram is shrinking, and the fast and slow lines are about to cross, signaling increasing bearish momentum; the Bollinger Bands are opening downward, and the price has been oscillating below the middle band, confirming a weak market structure. In the short term, the risk of decline significantly outweighs the potential for upward movement.
**BTC Strategy**: Consider short positions if the price rebounds to the 89,000-89,700 range. If it breaks below the key level of 87,700, then look further down towards 85,500.
**ETH Strategy**: Short positions can be considered if the price rebounds around 3,000-3,050. The first target is the 2,900-2,750 range. If this level is also broken, continue to stay bearish. $BTC