Bitcoin just rebounded at 1 AM! But the RSI dropped to 19.9, this wave of increase is really weak!
Last night at 1 AM, Bitcoin finally turned green on the hourly chart, but don't be too happy!
The RSI index plummeted to 19.9, this kind of rebound after extreme divergence is really just a false signal!
✅ The rebound is useless: The RSI dropped to 19.9 before it came up, indicating that the market itself has no strength to rise, purely relying on a 'dead cat bounce'!
✅ All depends on emotional survival: Now we can only hope for external news to stimulate, otherwise it could drop back at any moment!
✅ Tonight we have to stay up late to watch the market: The tug-of-war between bulls and bears is heating up, retail investors may be cut at any time, who dares to sleep in this market?
Next, I will continue to lay out my strategies. Rather than blindly exploring and failing to capture the best entry and exit points leading to holding losses, it's better to follow me directly if you agree.
