BTC Afternoon Chit-Chat

Technical Aspects

EMA: 7-day line 107,777, finally turning upwards, but still pressed by the 30-day line, just when it wanted to stand, it got pushed back down.

MACD: The bars narrowed from negative to +182, DIF is rising, bears are braking, but it's not yet turning around.

RSI: 6-day surged directly to 68, short-term is a bit hot, chasing orders can be risky.

Afternoon Script (Personal opinion, don't go all in)

Plan A: If the next hour sees volume pushing to 108,400 and holds, with half of the sell wall eaten up, then you can take a small position on a short-long, target 109K.

Plan B: I got caught in it. [doge]

Whether the bull has returned or not is still debatable, let's first focus on 108,400 and the movement of the sell wall this afternoon, don't get too excited and throw in your lunch money. Wish everyone a pleasant trading experience #BTC☀