Answering some good questions from the comments.

1. Should you keep the long position?

If it's my trade, yes I'm gonna keep it. The 12h and 1D KDJ has recently detected FOMO volume at 64.9k and daily KDJ is even suggesting a 71k bounce. This means that 64.9k and 71k is a strong buying point that can potentially drag the price up, in case there's a sell off. However always protect your capital, always set a 2% stop loss.

2. Is 62,300 dip possible?

Tricky question, the 1H KDJ has coined 62.8k as a good support. If a 1H candle closes below 62.8k, then 62.3k is possible. But for now, maybe no. All signs are bullish.

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