The 4-hour chart has seen continuous declines, with bears clearly holding the advantage. The price remains under pressure, with the upper resistance level firmly capped. The MACD histogram has narrowed all the way down from its highs and is now close to the zero line, indicating a fierce tug-of-war between bulls and bears. A consolidation phase is likely to follow.
Today's intraday trading focus: prioritize shorting at highs and capturing profits within the range-bound market.
Suggested strategy: Set up short positions in the 92700-93200 range, targeting 91800 to 90000. Set strict stop-loss orders and manage your position size carefully.
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CrossChainMessenger
· 12-06 01:25
Dropped again, damn it. What's with this resistance level holding things back? It's just that no one's buying.
Short positions sound good, but is the 90000 target real or just another trap for retail traders?
Why are people still watching XRP? Isn't it already dead?
MACD is hugging the zero line? It's almost on the floor now, that's definitely a signal. Sideways trading is probably what's really happening.
Is it really okay to enter a short at 92700? Feels like we should wait a bit longer at this level.
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RugPullAlertBot
· 12-05 20:28
The resistance level is firmly holding, the bears are going to profit big this time.
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AlphaLeaker
· 12-05 04:04
The bears are indeed fierce this time. I’m also watching the 92,700-93,200 range. Now it’s just a matter of whether it can break 90,000. It does feel like the probability of sideways consolidation is quite high.
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DaoGovernanceOfficer
· 12-05 03:59
empirically speaking, the MACD compression you're describing usually signals low volatility regimes—data from 2023 suggests these consolidations break downward ~63% of the time, but the governance structure of your risk management here is genuinely flawed. where are your position sizing kpis? *sigh*
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New_Ser_Ngmi
· 12-05 03:51
The airdrop is so aggressive. Can the 92,700 level hold? Feels like it's about to break the support again.
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tx_or_didn't_happen
· 12-05 03:50
The 92700 price level does seem a bit shaky, but I still don't trust this kind of sideways movement—it feels like it could drop at any moment.
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WagmiAnon
· 12-05 03:41
Looks like the 92700 level is about to be broken again, the bears are really aggressive this time.
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tokenomics_truther
· 12-05 03:38
The resistance level is firmly holding, the bears are too aggressive, there's no way to avoid this round of sideways consolidation.
#比特币对比代币化黄金 December 5 $BTC Trend Observation
The 4-hour chart has seen continuous declines, with bears clearly holding the advantage. The price remains under pressure, with the upper resistance level firmly capped. The MACD histogram has narrowed all the way down from its highs and is now close to the zero line, indicating a fierce tug-of-war between bulls and bears. A consolidation phase is likely to follow.
Today's intraday trading focus: prioritize shorting at highs and capturing profits within the range-bound market.
Suggested strategy:
Set up short positions in the 92700-93200 range, targeting 91800 to 90000. Set strict stop-loss orders and manage your position size carefully.
$PIPPIN $XRP Stay tuned