BTC Early Morning Observation

Brothers, let's take a look at the BTC chart in the early morning. The signals are a bit tricky, but the direction is relatively clear.

First, let's look at the indicators: the MACD green bars are slowly narrowing, and the RSI three lines are also sticking together. This indicates that in the short term, regardless of bullish or bearish, the momentum is not very strong, and there is currently no clear push. Looking at the liquidity, the rate has dropped to 0.007%, and the bullish side does not have a strong desire to continue to drop, but the trading volume has been shrinking, and the market is not very active. Overall, the probability of going down is still greater than going up.

Operational Suggestions

Around 112600-112400, first look at the area around 111600-111200.

A key reminder, make sure to set a stop loss! Cryptocurrency volatility is inherently large, so don’t stumble because you didn't control the risk. Positioning should also be well-managed; don't be too aggressive. #BTC☀