Bitcoin and Ethereum have shown repeated upward and downward spikes in recent sessions, indicating that the market is approaching a critical phase. Continuous long and short position adjustments suggest strong disagreement between bulls and bears. Prices are now hovering near key technical levels, volatility remains relatively compressed, and directional choice may emerge soon. After the market reopened above 86,000, Bitcoin rallied again on news momentum toward the 89,500 area, while Ethereum followed to around 2,990. However, both assets have since entered a weak oscillation phase. Ethereum remains closely linked to Bitcoin’s structure, continuing to show rapid spikes followed by pullbacks. Recent highs near 90,350 for Bitcoin and 3,030 for Ethereum were quickly rejected, and although another rebound appeared tonight, overall resilience has clearly weakened. Looking ahead, attention should be paid to resistance near yesterday’s highs. If price fails to break and hold above these levels, the probability of a pullback increases. The market is currently better suited for range-based strategies rather than aggressive trend chasing. Patience and confirmation are essential as the next larger move is likely to be volatility-driven. All analysis and strategy are for reference only. Market conditions can change rapidly, so always rely on real-time data and manage risk independently.
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#JoinGrowthPointsDrawToWinGoldenBar Liangqiu | 12.18 Bitcoin & Ethereum Forward Outlook
Bitcoin and Ethereum have shown repeated upward and downward spikes in recent sessions, indicating that the market is approaching a critical phase. Continuous long and short position adjustments suggest strong disagreement between bulls and bears. Prices are now hovering near key technical levels, volatility remains relatively compressed, and directional choice may emerge soon.
After the market reopened above 86,000, Bitcoin rallied again on news momentum toward the 89,500 area, while Ethereum followed to around 2,990. However, both assets have since entered a weak oscillation phase. Ethereum remains closely linked to Bitcoin’s structure, continuing to show rapid spikes followed by pullbacks. Recent highs near 90,350 for Bitcoin and 3,030 for Ethereum were quickly rejected, and although another rebound appeared tonight, overall resilience has clearly weakened.
Looking ahead, attention should be paid to resistance near yesterday’s highs. If price fails to break and hold above these levels, the probability of a pullback increases. The market is currently better suited for range-based strategies rather than aggressive trend chasing. Patience and confirmation are essential as the next larger move is likely to be volatility-driven.
All analysis and strategy are for reference only. Market conditions can change rapidly, so always rely on real-time data and manage risk independently.