$BTC 🚨 The market currently feels like someone who just woke up and found themselves at a wedding where they don't know anyone... The price tried to dance above 106,000 but slipped at 106,128.57 and fell freely down to 105,200 🤦♂️
📉 The indicators say the following:
RSI (6) is sitting on the bench at 34.96... the market is in a state of almost oversold, but it hasn't decided to enter the field yet.
KDJ Indicator: K=17.79, D=23.83, J=5.70, they seem like a lost soccer team without a coach. Signs of weakness in movement and loss of momentum.
MACD: MACD -51.67, and DIF -15.97, the lines are tangled like noodles... This means: selling momentum is dominant, and the bulls are going for a stroll along the corniche.
📊 In the candles, we have an unsuccessful attempt to rise, and the price is currently fluctuating like a broken compass around 105,300.
📌 In summary? If you plan to enter, watch out for breaks below 105,000 as they could open a small gate to hell 😅 But if above 106,000? We might see the dance return 🎉 but with caution, the market is sensitive like a sleeping baby!
#BTCUSDT