Posteo

Last night I said $BTC was a typical "night before a trend change" — 4H death cross, 1H MACD turning bearish, Bollinger Bands narrowing. Today's answer is clear: breaking downwards. From 86,000 crashing down, ETH and SOL fell even harder. But to pour cold water on the eager brothers: the RSI on the 1-hour and 15-minute charts is already extremely oversold, so a short-term rebound could come at any time. Naked shorting now is very likely to get stopped out by a spike.