If yesterday you went short on 1886 and lost, after a day you’re still not up by even 5%.
This market is so tiring that it makes people want to sleep.
But what needs to be said still has to be said.
15-minute RSI is 39.7—weak, not oversold.
1-hour RSI is 46.4—also weak.
4-hour RSI is 47.8—neutral but still soft.
All three timeframes have failed to hold above 50.
MACD is interesting here—15 minutes is bullish, but the 1-hour has flipped green.
The lower timeframe needs to be led by the higher timeframe; it can’t quite carry it for now.
MA5 is at 1881, MA20 at 1882, MA50 at 1883.
All three lines are squeezed within a range of two points—so tightly stuck that they’re basically forcing you to choose a direction.
Bollinger Bands are even more extreme: bandwidth compressed to 0.3%, with the upper band at 1884 and the lower band at 1879.
This is textbook-type convergence—a sign of an impending change.
Volume ratio is 0.0, and turnover is 93 million.
How much has it shrunk? So much that neither bulls nor bears want to make a move.
Let me share a detail: the 15-minute MACD is red, but price can’t break above 1884.
The bulls have the desire, but not the strength.
My plan is: short around 1886, stop-loss at 1891, and first target 1876.
1886 is the 24-hour high, while 1891 is the level of breaking below the previous platform.
If there’s a breakout above 1886 with increased volume, I’ll admit I’m wrong, reverse, and leave after taking the loss.
1879 is the lower Bollinger Band plus the intraday low—only if it breaks do we have room to look at 1876.
These levels are calculated using the Bollinger Bands and moving averages—best for you to double-check them yourself too.
After all, in a low-volume environment, any price level can end up looking like a fake breakout.
#BTC #ETH #以太坊 #币圈 #Market Analysis
This market is so tiring that it makes people want to sleep.
But what needs to be said still has to be said.
15-minute RSI is 39.7—weak, not oversold.
1-hour RSI is 46.4—also weak.
4-hour RSI is 47.8—neutral but still soft.
All three timeframes have failed to hold above 50.
MACD is interesting here—15 minutes is bullish, but the 1-hour has flipped green.
The lower timeframe needs to be led by the higher timeframe; it can’t quite carry it for now.
MA5 is at 1881, MA20 at 1882, MA50 at 1883.
All three lines are squeezed within a range of two points—so tightly stuck that they’re basically forcing you to choose a direction.
Bollinger Bands are even more extreme: bandwidth compressed to 0.3%, with the upper band at 1884 and the lower band at 1879.
This is textbook-type convergence—a sign of an impending change.
Volume ratio is 0.0, and turnover is 93 million.
How much has it shrunk? So much that neither bulls nor bears want to make a move.
Let me share a detail: the 15-minute MACD is red, but price can’t break above 1884.
The bulls have the desire, but not the strength.
My plan is: short around 1886, stop-loss at 1891, and first target 1876.
1886 is the 24-hour high, while 1891 is the level of breaking below the previous platform.
If there’s a breakout above 1886 with increased volume, I’ll admit I’m wrong, reverse, and leave after taking the loss.
1879 is the lower Bollinger Band plus the intraday low—only if it breaks do we have room to look at 1876.
These levels are calculated using the Bollinger Bands and moving averages—best for you to double-check them yourself too.
After all, in a low-volume environment, any price level can end up looking like a fake breakout.
#BTC #ETH #以太坊 #币圈 #Market Analysis