### Key Levels:
- **Support**: $3,712 (24H Low), $3,200 (psychological level).
- **Resistance**: $3,885 (24H High), $4,000 (round level).
### Recommendation:
- **Short Positions (Sell)**: Consider only upon confirmation of reversal:
- If the price stays below $3,712 (with a breakout on high volumes), target $3,200.
- Stop-loss above $3,885.
- **Long Positions (Buy/Wait)**: Relevant as long as the price is above $3,712:
- If RSI(6) corrects below 70 and the price bounces off $3,712, you can add to the position.
- Targets: $3,885, then $4,000.
### Conclusion:
The market is currently overbought (RSI > 80), but the trend is strong. **Cautious traders** should wait for a correction to $3,500–$3,600 for buying or a breakout of $3,712 for selling. If long positions are open — secure part of the profit.