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Bitcoin rally continues, but recently I noticed something interesting – key indicators are starting to turn downward. That is, the price is going up, but momentum indicators are showing signs of fatigue. In such situations, I usually expect consolidation or a pullback.
I am particularly looking at the market activity around the 62 position. When examining liquidity levels and open positions, I can see that the strength of buyers is somewhat weakening. The price remains at high levels, but the indicators tell us a different story.
In conclusion, the bullish trend continues, but caution is necessary. Divergences are often early warning signs of a reversal. Watching where support will be in the coming days will be important.