Last weekend was a Golden Weekend since the BTC price climbed the whole weekend. At present, the market has entered a fluctuation stage, the Bollinger Band was narrowing, and the RSI trend is stable. On the daily line, MFI appears to be going down through the overbought region. Fortunately, the long/short ratio still remains at a normal level of 0.97. The entire market has not yet seen a large capital inflow and might start sideways now. The short-term resistance is around 45,000 USDT.
The overall trend is now very optimistic. Tonight the price still maintains a fluctuation of 500-1000 points. As long as BTC price hold on at 43,000 USDT, climbing to 50,000 USDT is only a matter of time.
The overall trend is now very optimistic. Tonight the price still maintains a fluctuation of 500-1000 points. As long as BTC price hold on at 43,000 USDT, climbing to 50,000 USDT is only a matter of time.