$BTC Half-hour chart glance, from 6 AM to 9 AM that surge was quite fierce, the price shot straight up, piercing through the upper Bollinger band, definitely entering the overbought state!
By 2 PM, there started to be some pullback, now hovering around the moving average, with the price approximately around 96700.
For BTC in the evening, you could open a short position, with an initial target of 95500, and if you're feeling greedy, aim for 95000.
Recently, the market news has also been good, the news about Bitcoin reserves in the U.S. pumped some energy into the market, but this wave of overbought for Bitcoin requires caution, as it could pull back at any time, we must be quick and alert!
The market changes rapidly, focus on the charts, trade lightly, and be flexible!
