Multiple indicators diverge! A sign of bullishness!

Some people say that indicators and data are useless at this stage. It’s not that they are useless, but that the bull market we are in is more representative, and the selection of coins to transactions is more deceptive to retail investors. The lower the reference value, the more it is distorted.

In the daily data of RSI, BTC is forming a hidden bullish divergence. In addition, RSI marks the oversold area. The two previous times this happened, Bitcoin fell into a large-scale rising mode.

In addition, whether it is the ETF re-buying after a continuous half-month sell-off, or the adjustment cycle after halving, the next one or two months will usher in a new rise. Whether it falls below 6w and recovers or continues to fluctuate widely and then rises, we will eventually see a new high and higher BTC in the third quarter! $BTC $ETH $BNB #VanEck提交首个SolanaETF