$BTC


1-hour RSI at 53, 4-hour RSI at 59, MACD histogram gradually shrinking and converging, 4H Bollinger Bands compressed oscillation range 62300-64000

Market sell-side pressure has significantly declined, price is running on the support of EMA50. Funding rate is neutral and stable, open interest remains stable, bulls still have opportunities to test upward.

BTC: long near 63900, target: 64500-65000
BTC0.38%
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MintAfterCoffee
· 1h ago
RSI 53 is stuck in the middle, MACD volume shrinking indeed looks like a trend change, but the Bollinger Bands have been squeezed for so long, the breakout direction is really hard to say, where to place the stop loss for a long at 63900?
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