Bitcoin's price action has turned bearish on both the 4-hour and daily charts following a market drop on December 11. Key technical indicators, including the MACD and RSI, suggest a decline in momentum. Volume analysis also highlights a divergence, indicating potential further downside. The analysis identifies critical support at 3150 USDT and resistance at 3250 USDT. Traders are advised to closely monitor these levels, with stop-loss recommendations provided for both long and short positions to manage risk effectively.