Today's notable movements in the crypto market: Fear Index drops to 23, entering the extreme fear zone again; Donald Trump’s eldest son commented on the launch of the RAVE/USD1 trading pair on Aster, seeing it as a gradual mainstream adoption; the Bank of Japan signals that its rate hike cycle may extend beyond 0.75%; a compliant platform has reached an institutional-grade crypto prime brokerage partnership with Standard Chartered Bank.
Bitcoin’s recent movements are interesting—after reaching around 93,500 yesterday, it suddenly plunged, dropping straight back to 89,500, once again testing the lower Bollinger band on the daily chart. It’s now finding minor support around 90,000, with some signs of a rebound on the 15-minute chart, but don’t get too optimistic too early. The overall trend remains downward, with each rebound failing to stabilize, indicating a weak bounce within a consolidation-downtrend.
From a technical perspective: $BTC’s key levels today—support below at around 89,600, 88,000, 87,400; resistance above at around 91,900, 92,500. $ETH’s situation is similar, with support levels near 3,060, 3,000, 2,968, and resistance at around 3,160, 3,200. The market is still digesting bearish sentiment, so continue to watch how these key levels perform.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
23 Likes
Reward
23
7
Repost
Share
Comment
0/400
LiquidityOracle
· 6h ago
93,500 to 89,500, it's the same old trick... Every rebound feels like they're trying to trick me into stopping out, so annoying.
View OriginalReply0
YieldChaser
· 7h ago
It dropped again. I really can't hold this rebound. I still need to stick to the 89,600 line.
View OriginalReply0
GateUser-1a2ed0b9
· 12h ago
Another sudden drop, this rhythm is really incredible. I haven't even reacted before it retested the middle Bollinger Band.
View OriginalReply0
ConsensusDissenter
· 12-13 04:10
It's starting to fall again. This rebound is really just a false alarm. If 89600 breaks, we're probably heading to 88000 to get some pancakes.
View OriginalReply0
ruggedSoBadLMAO
· 12-13 04:08
It's another fake rebound. Don't fall for it, bro.
View OriginalReply0
OnchainDetective
· 12-13 03:45
Wait a minute, I need to dig into this RAVE/USD1 listing on Aster... Why did Trump's eldest son specifically speak out? According to on-chain data, the liquidity source for this trading pair is indeed a bit suspicious. Through multi-address tracking, the fund connections are quite evident, a typical manipulation tactic.
View OriginalReply0
GasFeeDodger
· 12-13 03:42
Another false rebound, breaking 88,000 and heading straight to 87,400. No one can save this situation.
#以太坊行情技术解读 Market Briefing | December 13
Today's notable movements in the crypto market: Fear Index drops to 23, entering the extreme fear zone again; Donald Trump’s eldest son commented on the launch of the RAVE/USD1 trading pair on Aster, seeing it as a gradual mainstream adoption; the Bank of Japan signals that its rate hike cycle may extend beyond 0.75%; a compliant platform has reached an institutional-grade crypto prime brokerage partnership with Standard Chartered Bank.
Bitcoin’s recent movements are interesting—after reaching around 93,500 yesterday, it suddenly plunged, dropping straight back to 89,500, once again testing the lower Bollinger band on the daily chart. It’s now finding minor support around 90,000, with some signs of a rebound on the 15-minute chart, but don’t get too optimistic too early. The overall trend remains downward, with each rebound failing to stabilize, indicating a weak bounce within a consolidation-downtrend.
From a technical perspective: $BTC’s key levels today—support below at around 89,600, 88,000, 87,400; resistance above at around 91,900, 92,500. $ETH’s situation is similar, with support levels near 3,060, 3,000, 2,968, and resistance at around 3,160, 3,200. The market is still digesting bearish sentiment, so continue to watch how these key levels perform.