#Gate广场五月交易分享 $BTC Today's trend is somewhat intriguing. Although the price is still operating above the moving average line, it is clearly feeling that the upward momentum is slowing down — the bullish arrangement of the moving average system has not been broken, but the expansion space above is no longer as wide as before.



🎊Trading volume has shrunk significantly, currently only about half of the usual average level. In this volume state, there are usually two possibilities: either the bulls are gathering strength, preparing for the next attack; or the market needs to pause and rest, entering a consolidation phase. The RSI indicator is currently around 61, in a somewhat awkward position, not considered overbought, but not comfortable either. Overall, the short-term direction is unclear, and it might be more prudent to stay on the sidelines!
BTC1.98%
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