[Crypto World] Been watching BTC’s recent 4-hour trend, and it’s pretty interesting.
After that rebound at 4 PM on December 5th, it dropped again around noon on the 6th—a classic bearish engulfing pattern. The last red candle looked pretty ugly, with both price and volume shrinking at the same time—basically, there’s nobody trading, it’s very quiet.
From a technical perspective: the MACD bars are still below the zero line, but they’re clearly narrowing, showing bulls are slowly gathering strength. KDJ is at 34, which is awkwardly in the middle—no golden cross, no death cross, just sideways.
Key levels to note:
Support at 88098, with a low at 87012
Resistance at 94487, previous high at 93543 wasn’t broken
For dip buyers, watch 84774 and 87698
For short sellers, 94010 is the stop-loss line
For longs, set stop-loss at 86577 for safety
Honestly, this position is pretty tough right now—MACD suggests bulls are gearing up for a move, but the volume isn’t there. Personally, I’d wait for a clear signal before making a move. If the 88098 support doesn’t hold, there could be further downside to test.
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SudoRm-RfWallet/
· 2025-12-09 11:52
After a bearish engulfing pattern, it's been consolidating sideways. This pace really tests your patience.
This market is really boring. With dead trading volume, there's no one to take over.
The KDJ is stuck at 34 and not moving. Waiting for a golden cross might take forever.
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Blockchainiac
· 2025-12-09 08:10
After the bearish engulfing followed by sideways movement, just waiting for the MACD bars to give a signal. The way the KDJ looks is a bit off-putting.
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WalletWhisperer
· 2025-12-07 03:10
ngl the stagnation phase screams accumulation to me... those wallet clusters around 87k are way too quiet, something's brewing beneath the surface fr
Reply0
0xOverleveraged
· 2025-12-07 02:52
With trading volume shrinking this much, no one really dares to take over.
View OriginalReply0
ChainWatcher
· 2025-12-07 02:45
After the bearish engulfing, the market has been moving sideways. This price action is really dull, and the trading volume has also shrunk.
View OriginalReply0
NotFinancialAdviser
· 2025-12-07 02:45
It's been ranging for so long, I'm getting a bit sleepy... Let's wait for the KDJ to wake up before making a move.
BTC 4-hour chart: Awkward sideways movement after bearish engulfing, how to view the key levels?
[Crypto World] Been watching BTC’s recent 4-hour trend, and it’s pretty interesting.
After that rebound at 4 PM on December 5th, it dropped again around noon on the 6th—a classic bearish engulfing pattern. The last red candle looked pretty ugly, with both price and volume shrinking at the same time—basically, there’s nobody trading, it’s very quiet.
From a technical perspective: the MACD bars are still below the zero line, but they’re clearly narrowing, showing bulls are slowly gathering strength. KDJ is at 34, which is awkwardly in the middle—no golden cross, no death cross, just sideways.
Key levels to note:
Honestly, this position is pretty tough right now—MACD suggests bulls are gearing up for a move, but the volume isn’t there. Personally, I’d wait for a clear signal before making a move. If the 88098 support doesn’t hold, there could be further downside to test.