$NATGAS The moving averages are currently in a bullish alignment, EMA7>EMA25>EMA99, and the trend is indeed strong. However, the 4H RSI at 80 is nearing overbought territory, while the Stoch RSI’s K-line crossing below the D-line signals a short-term divergence—making things a little tricky.

The funding rate is relatively high at 0.1224%, and shorts still have the upper hand in the long/short ratio, so chasing longs here looks risky. The key is whether the 3.58–3.60 Fib retracement zone can hold; this is the EMA25 support area. If 3.58 holds, the bullish structure could continue; if 3.5496 breaks, the current thesis is invalidated.

For market observation and conditional analysis only; this does not constitute a record of trading activity.

$NATGAS #牛市 #现货 #Contract