My eyes feel sore, and the morning 8:00 chart is even sleepier than I am.
BTC only moved 0.29% in 24 hours, at 64647, with a volume ratio of 0.0—so the funds are clearly not in the big cake (BTC dominance).
RSI is 75.7; it’s overbought. Everyone is calling for a pullback, and the shorts didn’t dare to dump.
MACD is still propping up the long side; it hasn’t weakened.
It’s hugging the upper Bollinger band at 65287, and volume still hasn’t followed through—this isn’t strong buying; it’s because nobody is willing to chase.
MA5 is 64660, current price is 64647—so it’s sitting and suppressing by 13.
MA20 is 63837, MA50 is 63623—the moving averages still line up in an uptrend.
65059 is the previous high; sell orders are sitting above it.
62535 is yesterday’s wick low. Once it breaks that, only then will the long structure be considered broken.
My plan is to wait for a pullback to 63837 to go long again. Stop-loss will be below 62500. Targets look at 65059—once hit, I’ll reduce positions.
Manage position size—staying disciplined matters more than guessing the direction correctly.
Volume hasn’t caught up, and the 4-hour candles are still just grinding.
#BTC #ETH #比特币 #币圈 #Market analysis
BTC only moved 0.29% in 24 hours, at 64647, with a volume ratio of 0.0—so the funds are clearly not in the big cake (BTC dominance).
RSI is 75.7; it’s overbought. Everyone is calling for a pullback, and the shorts didn’t dare to dump.
MACD is still propping up the long side; it hasn’t weakened.
It’s hugging the upper Bollinger band at 65287, and volume still hasn’t followed through—this isn’t strong buying; it’s because nobody is willing to chase.
MA5 is 64660, current price is 64647—so it’s sitting and suppressing by 13.
MA20 is 63837, MA50 is 63623—the moving averages still line up in an uptrend.
65059 is the previous high; sell orders are sitting above it.
62535 is yesterday’s wick low. Once it breaks that, only then will the long structure be considered broken.
My plan is to wait for a pullback to 63837 to go long again. Stop-loss will be below 62500. Targets look at 65059—once hit, I’ll reduce positions.
Manage position size—staying disciplined matters more than guessing the direction correctly.
Volume hasn’t caught up, and the 4-hour candles are still just grinding.
#BTC #ETH #比特币 #币圈 #Market analysis