#Strategy加仓BTC looks like $BTC is not showing much strength in the 96200 to 96800 range. On the chart, the trading volume is shrinking, which is not a good sign. The technical indicators are also showing that RSI is approaching overbought territory, and KDJ is starting to turn down from high levels. These details together suggest that the probability of a major trend reversal is low.
But in the short term, there are indeed risks. We can consider a small short position to test the waters. The key is to keep observing and not rush into heavy positions. Wait for the subsequent candlestick confirmation. The market is still sending signals.
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MetaMasked
· 7h ago
The shrinking volume is indeed suspicious, but this wave hasn't reversed yet. Let's wait and see.
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BridgeTrustFund
· 7h ago
The shrinking volume is indeed unappealing; we might have to wait and see how this plays out.
This market looks a bit dull. Short-term shorts can be tried, but don't go all in.
RSI overbought, KDJ turning down—it's an old signal. The key is how the candlestick pattern breaks through.
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RamenDeFiSurvivor
· 7h ago
The shrinking volume is indeed uncomfortable, but I'll wait and see for now, afraid of chasing highs and getting caught.
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SneakyFlashloan
· 7h ago
The signal of shrinking volume really makes me uncomfortable; short-term bears do have a chance.
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TrustMeBro
· 7h ago
The shrinking volume indeed needs to be watched, but I think the bears still need to wait a bit longer.
An overbought RSI doesn't necessarily mean a reversal; there have been many false breakouts in history.
#Strategy加仓BTC looks like $BTC is not showing much strength in the 96200 to 96800 range. On the chart, the trading volume is shrinking, which is not a good sign. The technical indicators are also showing that RSI is approaching overbought territory, and KDJ is starting to turn down from high levels. These details together suggest that the probability of a major trend reversal is low.
But in the short term, there are indeed risks. We can consider a small short position to test the waters. The key is to keep observing and not rush into heavy positions. Wait for the subsequent candlestick confirmation. The market is still sending signals.