Looking at the 4-hour chart, the price is hovering at a high level, and the bearish momentum has clearly weakened. Technically, there seems to be some intention to rebound, but both trading volume and volatility are quite flat, so the direction is still unclear.
The key is whether it can hold the 4200 level; if it does, there may be room to push higher.
Here’s my thinking: the 4190 to 4200 range can be considered for long entries, and it’s about time to take profits near 4230.
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MelonField
· 15h ago
This 4200 hurdle feels very daunting. With such dull trading volume, can it really be broken?
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MidnightTrader
· 19h ago
If I can't break through this critical level of 4200, it's not worth it. I'll just wait and see.
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GhostChainLoyalist
· 12-09 11:09
If 4200 can't hold, we'll be trapped again. Whether this rebound can really take off still depends on the trading volume.
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NFTDreamer
· 12-09 02:33
If 4200 can't hold, it'll drop straight to 4150. Don't count on luck.
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TeaTimeTrader
· 12-08 00:59
To be honest, whether we can hold the 4200 level depends on today; otherwise, it's just a dead cat bounce.
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ForkTongue
· 12-08 00:56
If this key level at 4200 can't hold, after a brief rebound, it might drop back down again.
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NullWhisperer
· 12-08 00:50
technically speaking, that 4200 level is just begging to get tested... but honestly? volume's too thin to trust it rn. interesting edge case if shorts actually capitulate here, but i'd need to see some teeth in the rally first before going long. the risk/reward doesn't quite audit out imo.
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ChainPoet
· 12-08 00:44
The 4200 level is indeed quite critical, but I think for the bears to really relax, we still need to see volume confirmation.
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AlwaysQuestioning
· 12-08 00:39
It feels like we're going to go through the 4200 hurdle all over again; history always repeats itself.
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DeFiAlchemist
· 12-08 00:37
*adjusts alchemical instruments* the transmutation dynamics at 4200 are giving weak hands energy tbh... that volume profile screams inefficient liquidity positioning, reminds me of a poorly calibrated yield farm just before it implodes fr
#比特币对比代币化黄金 December 8 Gold Market Observation
Looking at the 4-hour chart, the price is hovering at a high level, and the bearish momentum has clearly weakened. Technically, there seems to be some intention to rebound, but both trading volume and volatility are quite flat, so the direction is still unclear.
The key is whether it can hold the 4200 level; if it does, there may be room to push higher.
Here’s my thinking: the 4190 to 4200 range can be considered for long entries, and it’s about time to take profits near 4230.