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#币安HODLer空投ZKC# Bitcoin has currently shown positive signals of a potential golden cross pattern on the daily chart, bringing optimistic expectations to the market. Although the short-term momentum shows slight divergence, the overall trend is still shifting in favor of long positions. On the technical side, the RSI indicator value is approaching 70, currently at the edge of the overbought area. This signal suggests that the market may need to digest the recent rise through technical pullbacks or consolidation in preparation for a more robust upward trend in the future.
Observing the hourly Bollinger Bands indicator, we can see that the three lines are slightly diverging downwards, and the price has gradually fallen below the middle band. However, it is worth noting that the key strong support area has not yet been materially affected, which is why it is still possible to consider placing long positions in the early morning hours. This short-term adjustment on the technical level is likely just a normal consolidation in a bull market, rather than a signal of a trend reversal. $BTC $ETH