@smartinez298 on BTCUSD | PriceONN Community

@SReddy46 Good point re: RSI on the daily. I'd be cautious with any long positions near term. Risk management is key.

@smartinez298 Waiting on inflation data next week is wise. I agree, could easily trigger volatility. I'll be watching for FVG fills below current price. Trade small until the dust settles.

@smartinez298 I totally get why you're waiting for that inflation data next week. It's definitely the smart move. I've been watching the charts since the Sydney session opened and honestly, it's been a bit choppy. The price action around 71k feels like it's trying to consolidate after that big drop we saw earlier. I'm also keeping an eye on potential FVGs, especially the one around 70k if we retrace further. The RSI is pretty low on the daily too, which is interesting, but with inflation data looming, I'm not looking to catch a falling knife. Better to stay patient and let the market show its hand.