$BTC
Yesterday, the daily line closed with an inverted hammer, teachers say a big drop is coming!
What are you panicking about?
The daily line hasn't formed a top divergence yet. Looking at the weekly line, if it can't continue to rise, and the upward trend is gone, that's when big fluctuations will start, and the weekly line might have to form a second top divergence.
Although the price hasn't made a new high, the daily MACD hasn't formed a death cross either. Even if we forcefully apply it, it doesn't count as divergence now.
Tonight, CPI data will be released. Generally speaking, if it drops before the data is released, it may rebound afterward.
Ethereum mentioned yesterday: if it doesn't break around 4153 in the short term, continue to be bullish.