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#策略性加码BTC XMR faces technical pressure, and overbought risks warrant attention
$XMR There are some warning signals on the 4-hour chart. Since the upward wave began on December 17, the price has seen a considerable increase, but the technical indicators are showing signs of fatigue.
Several core issues cannot be ignored: the RSI indicator has surged to 91.34, an extreme overbought condition that is rare on the 4-hour timeframe, indicating that short-term buying momentum is clearly weakening. The price has also deviated significantly from the upper Bollinger Band and long-term moving averages, with heavy profit-taking pressure accumulating. MACD shows signs of bearish divergence, and the Bollinger Bands are in an extreme expansion state, all suggesting a high probability of a technical correction.
It is also important to pay attention to the risk of volume-price divergence — trading volume has failed to effectively follow the price increase, which often precedes a correction. The high volatility level is difficult to sustain long-term, and there is a possibility of energy rebalancing.
The current risk-reward ratio is not very favorable. Without proper market rhythm understanding, rushing into positions could lead to pitfalls. It is recommended to adopt a position management strategy to control risk exposure. $ETH Other mainstream cryptocurrencies also warrant attention to similar technical changes.
This is just an opinion; specific operations should be based on individual risk tolerance.