From a candlestick technical perspective, the KDJ has entered overbought territory in the short term, and the MACD has also formed a death cross. However, these signals typically only indicate a technical correction on the hourly chart level, and the overall upward momentum of the long-term trend has not been broken. More indicative is the ATR indicator which has been running at a high level, suggesting that market trading activity remains strong and there has been no significant large-scale capital outflow.
Specifically, for #Strategy加仓BTC , focus on the support zone around 96500-96000, with resistance targets at 97600-98400 above; for @E5@, 3340-3320 serves as a key support in the near term, and after a rebound, watch for resistance at 3390-3420. Overall, although there is a possibility of technical correction in the short term, the medium-term upward trend remains relatively stable.
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MEVvictim
· 11h ago
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ser_ngmi
· 11h ago
Death cross again? Alright, as long as this big trend doesn't collapse, I'll just keep accumulating.
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Ser_This_Is_A_Casino
· 11h ago
Overbought death cross has appeared. How much will this correction be? Feels like it's about to plunge again.
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StableBoi
· 11h ago
The death cross has arrived, but it's nothing much; the overall trend is still there.
Thursday Evening Market Observation:
From a candlestick technical perspective, the KDJ has entered overbought territory in the short term, and the MACD has also formed a death cross. However, these signals typically only indicate a technical correction on the hourly chart level, and the overall upward momentum of the long-term trend has not been broken. More indicative is the ATR indicator which has been running at a high level, suggesting that market trading activity remains strong and there has been no significant large-scale capital outflow.
Specifically, for #Strategy加仓BTC , focus on the support zone around 96500-96000, with resistance targets at 97600-98400 above; for @E5@, 3340-3320 serves as a key support in the near term, and after a rebound, watch for resistance at 3390-3420. Overall, although there is a possibility of technical correction in the short term, the medium-term upward trend remains relatively stable.