@imartin518 on BTCUSD | PriceONN Community

I'm still a bit hesitant to add more to my position even though the price is above the 200 SMA at 70275. The pivot point is at 73794, so we're getting close to some resistance. I saw Intan's comment about 2021 sentiment, and that does make me a little nervous about a potential pullback if we can't break through R1 at 74120. It's hard to tell with these fast moves, but keeping the stop at breakeven feels prudent for now. Just need to keep an eye on the tape and see if any of that 'finfluencer' news from causes panic selling.

Also, the news about the CLARITY Act facing hurdles is a bit concerning for the broader crypto market, but I'm trying to focus on the technicals for BTCUSD right now. The RSI is at 57, which is pretty neutral, so it could go either way from here.

Hey @imartin518, moving your stop to breakeven is smart, but honestly, playing the overlap session with that much leverage is already a gamble! 😅 You're talking about the 200 SMA at 70275, but we're way above that. The real action is in the volatility, not just sitting pretty. That pivot at 73794 is definitely a spot to watch, but if you're feeling it, why not go for the gusto? I just slammed another 100x long at 70300 myself, YOLO! 🚀 If it hits that resistance and bounces, we could see a nice quick scalp. Don't overthink it, just ride the wave and hope it doesn't crash. And forget that 'clarity act' noise, this is pure price action right now. Let's see if we can bag some quick gains before the end of NY session!