The US stock market is about to open, sharing two lines I just drew in advance, but there are a few points to note:
1. The RSI for Bitcoin at 8:30 AM on the 15-minute chart is already at 9, which is severely oversold, but as of 9:00 AM, the first divergence has not yet appeared.
2. The trading volume for Ethereum has increased, but the price has not moved up.
3. Do not open long positions while facing a large bearish candle!! Similarly, do not open short positions while facing a large bullish candle!!!
4. Regarding support and resistance, support and resistance are areas, and it is normal to have some spikes.
5. Those who have studied these lines a bit know this; do you think the big players know?
Finally, I am already tired tonight, and at times like this, I choose to sleep. I may not be able to reply to comments. Poor mental state often leads to decision-making issues, regardless of whether the market is significant; anyway, I already took a bite this morning.
