Evening Market Trend Analysis



Looking at the four-hour chart, after several consecutive bullish candles, the price has already touched the upper band of the Bollinger Bands. However, the upper band has started to consolidate sideways, and the price has not been able to break through further, which is a clear sign of bullish momentum exhaustion.

On the MACD side, the high-level stagnation is already very obvious, with the red histogram continuously shrinking, and the upward momentum rapidly declining. At this point, stubbornly pushing higher increases the risk more than the opportunity.

Both RSI and KDJ are stuck in overbought territory, but the price at high levels is only oscillating repeatedly and cannot reach new highs. What does this indicate? — Fewer and fewer people are chasing the rally, and funds are gradually withdrawing. This is actually a good opportunity for bears to enter.

BTC trading strategy: Consider shorting in the range of 97,500 to 97,000, with the first target at 96,000, and if it continues downward, then 95,000.

For ETH: Enter a short position between 3,400 and 3,380, with a target of 3,310, and further down to 3,260.

(For personal analysis only, trading involves risks. Please evaluate carefully.)
BTC2,06%
ETH4,17%
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FloorSweepervip
· 01-18 07:42
ngl the bbands setup here screams capitulation... paper hands getting flushed out while y'all chase the top. classic weak signal energy tbh
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StillBuyingTheDipvip
· 01-18 04:12
Bollinger Bands upper band sideways, MACD losing momentum, isn't this a classic top signal... Funds are retreating, the bears are about to take off.

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Another short position? Bro, can you hold to the end this time, don't stop out again.

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Short at 97500, I respect that, just not sure if it can hold until 96000, will it get smashed back in the middle.

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RSI overbought, KDJ dead set... Basically, no one is chasing anymore, just wait and see, when it drops I will continue to buy the dip.

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ETH 3400 short? It looks like a trap to me, don’t let a reverse V happen again.

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The loss of momentum is so obvious, it looks like a gap down opening tonight, a good opportunity for the bears.

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Funds retreating is the best signal, I’ve already taken a short position, let’s see if I can hit the target price.
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NeverPresentvip
· 01-15 14:02
The upper Bollinger Band is sideways, and the MACD has dulled. There's some basis for a bearish outlook this time, but I think the 97,500 level is a bit risky. Why does it seem like this point often rebounds?
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GasGoblinvip
· 01-15 13:56
Alright, it's the same old signals again, and the topping pattern is indeed present. But I still want to wait until it breaks 97,000 before taking action, afraid of a rebound biting me.
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SerLiquidatedvip
· 01-15 13:51
Bollinger Bands sideways, MACD weakening, RSI overbought—this combination indeed looks a bit overextended. The signal of capital withdrawal is clear, and the bears should indeed enter the market.
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SerumDegenvip
· 01-15 13:46
yo the classic "bbands rejection into macro capitulation" play... seen this movie before, usually ends with liquidation cascades lol. macd flatlining while rsi screams overbought is literally textbook exhaustion but ngl sometimes the market just said fuck your ta and rips another 5k anyway. gl with the shorts tho, maybe this time isn't a wick city
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MetaverseMortgagevip
· 01-15 13:41
Hmm... This wave is indeed a bit over the top, with the upper Bollinger Band horizontal, and the MACD red histogram crying out.

Another short? Brother, there are quite a few shorts in this cycle, be careful of being squeezed.

Short at 97500? I'm thinking it might still go up a bit more, after all, retail investors are still chasing.

I think 96000 looks more like a bottom rebound point, don't rush to buy.

Momentum is waning, but the market loves to bounce back. Could this be another false breakout?
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OnchainDetectiveBingvip
· 01-15 13:40
The Bollinger Bands are about to hit the top again, and this bullish trend really can't hold up anymore. Funds have already started to run away.

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With the MACD losing momentum so obviously, dare to chase the rally? Don't cry when you're smashed down later.

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Entering a short position at 3380, I think it's a bit risky, but it does seem to have some opportunity.

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Another shorting opportunity is coming. I believe this market rhythm will break 96,000 sooner or later.

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The RSI has been overbought for so long. The bears are really about to launch. Quickly set your stop-loss, everyone.
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