How to view Bitcoin in the afternoon?
1. Market Background
💲Weakness and Risk Aversion
The index📉 has fallen to a new low, compounded by a 📉 12% decline since the beginning of the year. Funds are accelerating their flow into Bitcoin and other non-correlated assets, highlighting Bitcoin's 'digital gold' attribute, which is becoming a safe-haven tool alongside gold.
2. Technical Signals
MACD: Daily🧵DIF and DEA continue to rise, with an expanding histogram, indicating that the momentum is not exhausted;
RSI: Beware of short-term corrections, but if it holds support, upward movement may continue;
OBV: The volume remains high, indicating that the rise is sustainable.
3. Suggestions
If it corrects to around 92500-92000, the target looks towards 94500-96000.