Sunday morning thought analysis

From a technical perspective, Bitcoin (BTC) is currently consolidating on the hourly chart, with the convergence phase nearing its end. The MACD lines are approaching the zero axis, while the RSI hovers around 50. Although the KDJ shows signs of a golden cross, it hasn't fully diverged yet, indicating that the buying and selling pressures are roughly equal, and there isn't a significant direction at the moment. However, the price remains above the short-term moving averages, and the lows are gradually rising, suggesting that an upward opportunity may be brewing. On the 4-hour chart, the overall trend is still bullish, and the trading volume has slightly increased, indicating support from buyers.
Therefore, Feige suggests that in the early session, one can focus on making long positions at the lows after a pullback, especially the momentum changes after a breakout.
Consider a long position for Bitcoin around 114500 to 115000, with a target of 116000.
Auntie coin can also be bought around 4730, targeting 4800.