Tonight I'm probably going to be on edge again!
Last night at 1 AM, Bitcoin just showed a reversal in its hourly trend. From a technical standpoint, the demand for a rebound at the hourly level was triggered, but by that time, the RSI indicator had already dropped to 19.9, which is an extreme oversold level.
Personally, I feel that such indicators and price divergences leading to a rebound are simply unreliable, indicating that the market itself lacks sufficient upward momentum. Now, it can only rely on external news for stimulation. In plain terms, the market itself is lacking energy and needs external force to push it.
Blindly going solo will never bring opportunities. Follow me for insights into coins with tenfold potential! Top-tier resources!
