Afternoon market strategy sharing
Just finished reviewing the market and wanted to share my observations with everyone. Currently, the RSI indicator has entered the oversold zone, and there is a rebound expectation in the short term, but we must also be cautious as the market is still in a downtrend.
Additionally, although the MACD green bars continue to be negative, they are gradually shortening, which signals that the bearish strength is subsiding and the bullish momentum is slowly accumulating. The market may be brewing changes.
Combining these signals, my afternoon strategy is: plan to try a low buy in the 210-212 range, with the initial target set at 215-220.
Market fluctuations always carry uncertainty; the above is merely my personal logic sharing. Please remember to manage your risk when trading, and I wish everyone smooth trading in the afternoon~ $BTC