$HIVE, $BTC & ETH/BTC Technical Analysis - 21.12.2025

erikah(83)

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It's the 21th today and it's Sunday as well, so let's see where we stand at the time of writing.

On the monthly time frame, price dipped lower than last week and it is still trading below the monthly open. We still have ten days till the current candle close, so anything can happen.

On the weekly time frame chart, price is in free fall, if I can say that. The current candle closes in about 7 hours and 40 minutes, but so far we have a bearish candle with a long body. At this point, all I can say that the swing low price could visit is the all time low (ATL) at $0.0327 and if we somehow can get a bounce and reversal, $0.01429 would be the swing high to sweep.

On the daily time frame, price is still bearish and midway to filling the wick.

If you zoom in, you can see price bounced off the $0.0835 level and this level is the swing low now. The problem is, we have a bunch of bearish gaps on the sell side, so price will have to invert them and hold, in order to get to $0.1024 and then maybe we can speak of bullish continuation.

h4 - I've been sharing updates on Snap, so you can check those to see how we got where we are now.

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3 days ago I shared this chart and said:

Are we going to get this? Or we go deeper?

As you can see, price bounced at that level, almost to the pixel.

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This was my next Snap, saying I'm expecting price to reject there and drew the a new route with purple.

This is where we are at the time of writing. Price rejected at the gap, retesting the OB and the gap as we speak, bounced off mid-range. This gap has to hold if we want continuation to the upside. The good news is, the bearish gap, although not inverted, it's been fully rebalanced, so hopefully next time price can close above it.

Levels to watch are: swing low at $0.0835 and $0.0917, the swing high.

$BTC seems to be consolidating a little here, at the time of writing, it's slightly above mid-range.

ETH/BTC has retested the daily bullish gap again, that has been holding price for ages and bounced off the 0.618 level. Mid-range is acting as resistance now. There's a slim bullish gap, that is holding price now.

As far as I am concerned, trading is over this year, except $HIVE of course. Trading is becoming really difficult for the following reasons:

Big players go on holiday, liquidity drops

Portfolio rebalancing, profit taking is happening

Market makers are widening spreads

High impact news are rare

Algos are adjusted to the current market conditions

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Next week we only have two red folder days, not much data release to move the market, but that doesn't mean we won't see swings.

If you're trading, make sure to adjust your level of leverage and your position size to these conditions. I prefer to not participate, except $HIVE.

There will be one more market analysis post this year, next Sunday and then I'm going to write another one, after we get the yearly candle closed, but it's possible I'm going to just stick to my regular schedule as not much is going to happen between Jan 1st and Jan 4th, which is Sunday. Institutions will be closed.

Stay safe people as these are the times when you have to sit on your hands and use your time to review your performance and study.

Remember, technical analysis is not about forecasting price, but about reacting to what price does.

As always, this is a game of probabilities, not certainties. Also please note, this is not financial advice, it's my view and understanding of the market.

All charts posted here are screenshots from Tradinview.

Come trade with me on Bybit.

If you're a newbie, you may want to check out these guides: