12.5 Cryptocurrency Market Depth Review: BTC/ETH Bearish Pattern Continues, Short Selling Strategy Precisely Laid Out
On December 5, 2025, the cryptocurrency market showed a clear adjustment trend, with Bitcoin (BTC) and Ethereum (ETH) both encountering resistance at key levels and retreating, establishing a mainstream bearish pattern in the short term. This article combines hourly and 4-hour technical patterns to deeply analyze market logic and provide targeted operational suggestions for investors' decision-making reference.
Bitcoin (BTC): Death Cross Pattern Established, Focus on Short Selling in Range Consolidation
Core Market Logic
From the 1-hour chart, BTC faced strong resistance in the middle band of the Bollinger Bands yesterday, with prices oscillating downwards from the 93000 level, reaching a low of 90856. As of now, it remains weakly hovering below the middle band, indicating continuous selling pressure from above. Technically, the short-term moving averages have formed a death cross pattern, with bearish momentum dominating, providing technical support for subsequent short selling strategies.
It is noteworthy that BTC has formed short-term support at the 91800 level, with a rebound candlestick appearing at 4 AM confirming the buying strength at this price level. However, considering the overall bearish pattern, this support level is more suitable as a take-profit point rather than a basis for entering long positions. Additionally, the effectiveness of the resistance at the middle band level of 91300 still needs to be observed; if subsequent rebounds cannot break through this level, it will further solidify the bearish trend.
Operational Strategy Suggestions
- Take-Profit Planning: First take-profit level at 91800 (take-profit point converted from short-term support); second take-profit level at 91300 (Bollinger Bands middle band resistance); third take-profit level at 90000 or 89000 (key support range).
- Trend Tracking: If the price effectively breaks below the 91800 support level, focus on the defense at the 89000 level; if this level is lost, it may trigger a new round of downward movement.
- Core Principle: Maintain a bearish outlook in the short term, strictly adhere to the logic of "adding positions on floating profits, reducing positions on floating losses," avoid counter-trend bottom fishing, and be wary of false breakout patterns in range consolidation.
Ethereum (ETH): Ascending Channel Under Pressure, Bearish Layout Focused on Key Resistance
Core Market Logic
ETH encountered strong resistance in the 3225-3250 range yesterday and has since oscillated downwards, currently hovering around 3172, failing to break through the 3200 level and facing pressure again, indicating insufficient bullish momentum in the short term. From the 4-hour chart, although ETH is in a long-term ascending channel, it has recently formed a consolidation pattern in the 3100-3200 range, with multiple failed attempts to break higher, leading to the accumulation of bearish sentiment.
In terms of support levels, the main support for ETH is concentrated at the 3030 level, where a multi-tiered support structure has formed recently. If this level is broken, it is likely to drop to the 2621 line. Technically, the price has formed a stagnation pattern near the resistance level; if it cannot effectively break through the 3250 resistance, it may trigger a rapid pullback; however, one should be cautious of the risk of a technical reversal after a significant drop, as short-term volatility may intensify.
Operational Strategy Suggestions
- Entry Timing: Short positions can be established in the 3200-3225 resistance range, with strict stop-loss settings after entry.
- Take-Profit Planning: First take-profit level at 3100 (short-term key support); second take-profit level at 3030 (core support level), if broken, can continue to hold for a target of 2621.
- Risk Warning: If the price breaks through the 3250 resistance and stabilizes, timely stop-loss should be executed to avoid losses from trend reversals; short-term focus should be on the rhythm of range oscillation, avoiding blind chasing of highs and lows.
Market Summary and Outlook
Overall, the bearish pattern in the cryptocurrency market on December 4 is clear, with BTC establishing a death cross pattern and ETH facing pressure at resistance levels, both providing technical basis for short selling strategies. In the short term, it is crucial to monitor the effectiveness of the BTC 91800 support level and the ETH 3030 support level; if these supports are lost, the bearish trend may further extend.
Currently, there are no key data catalysts in the market, and the price action is more dominated by technical factors. It is expected that BTC will oscillate in the 89000-91800 range and ETH in the 3030-3200 range in the short term. Investors should maintain a cautious mindset, strictly control their positions, focus on the breakthrough of key support and resistance levels, and flexibly adjust operational strategies. Continuous monitoring of market volume changes and macro news is necessary, being alert to extreme market conditions triggered by black swan events.
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