@eric1465 on BTCUSD | PriceONN Community

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I'm not feeling this BTC rally, folks. 🤔 Feels like pure hype fueled by... well, who knows what. The US inflation data is still a concern, and the Fed's cautious stance isn't helping. We're gonna see a pullback sooner or later. Just my two cents.
BTCUSD

Replies (2)

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eric1465 PRO newbie Mar 11
Oh, and RSI is approaching 70 on the daily. Overbought much??? Time to be careful out there. I'm thinking of opening a small short position around 71000… let's see what happens...
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eric1465 PRO newbie Mar 11
And look at that volume! Barely any real buying pressure behind this move. Just a bunch of leveraged longs getting rekt when the whales decide to dump. 📉
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