Welcome back to the good channel everyone. My name is Josh and right now while the price of Bitcoin is continuing the bullish breakout on the larger time frames, we're seeing a short-term cool off which is helping to reset the RSI and other price oscillators in the short term. While more liquidity is continuing to build just above the price of Bitcoin in the immediate short term, which I'll talk about in just a moment, alongside the price of Ethereum on this price chart starting to run into critical resista ...

For the past two cycles, Bitcoin's monthly RSI has consistently aligned with key macro trend levels during market peaks.In this cycle, the monthly RSI suggests that if history repeats, Bitcoin will pump more. https://t.co/oq1XdJzNaI ...

See that woble in the yellow line (12m average RSI)?My analysis in this video: https://t.co/rZ4wdk5QQx https://t.co/iihR7XP3iW ...

Market Analysis - Bitcoin's RSI is currently at 70, indicating it may be approaching overbought territory according to traditional investors [1] - The typical RSI range for Bitcoin investors is 40-90, making an RSI of 70 only slightly above the average of 65 [1] Investment Considerations - Traditional investors may perceive Bitcoin as overbought at RSI 70, potentially leading to concerns [1] - Bitcoin investors may view RSI 70 as within a normal range, suggesting less concern about overbought conditions [1]

Bitcoin has tracked powerlaw very well.Question is: will we see a 2013,2017,2021-like bull run with RSI 80+ (red dots) and if so how high will BTC go from here, 100x like 2013, 10x like 2017, 4x like 2021, or 2x (to ~$200k) like most people think, or .. 5-10x in line with S2F? https://t.co/gqX9RY510y ...

Would be nice if RSI hits 75 (orange dot) again this month! RSI 75 = ~$130k June closing price. https://t.co/XhQW24XIqT ...

Would be nice if BTC retests RSI 75 again this month.RSI 75 = ~$130k (June closing price). https://t.co/AIjjQRxyDK ...

Group 1 - Zhaojin Mining (01818) has shown strong recent performance, with technical indicators suggesting continued upward momentum in the short term. As of 11:30 AM, the latest price was HKD 20.15, up 2.7%, with the 10-day moving average (HKD 18.3) crossing above the 30-day moving average (HKD 18.01), forming a "golden cross" that reflects a positive short-term trend [1] - The Relative Strength Index (RSI) is at 67, nearing the overbought zone but not extreme, while the MACD shows a "buy" signal. The Bollinger Bands are expanding, indicating potential increased volatility. Key support levels are at HKD 18.6 and HKD 17.8, with resistance at HKD 20.9 and HKD 21.7. A breakthrough above HKD 20.9 could challenge higher levels [1] - The leverage effect of warrants has amplified returns, with Zhaojin Mining's stock price rising 8.76% on May 19, leading to significant gains in related warrants. Morgan Stanley's call option (27406) and UBS's call option (27337) recorded increases of 27% and 29%, respectively, exceeding the stock's rise by more than three times [4] Group 2 - Investors optimistic about Zhaojin Mining's potential to break through the HKD 20.9 resistance should consider longer-dated slightly out-of-the-money call options to balance time decay and leverage benefits. Current call options have varied terms, with exercise prices concentrated around HKD 18 and HKD 30. For instance, in-the-money products like Morgan Stanley's call option (27839) and UBS's call option (27337) have a leverage of 2.8 times, while out-of-the-money products have a leverage exceeding 3.3 times, with expiration dates in late November [7] - The market sentiment around Zhaojin Mining is influenced by strong gold prices and a robust technical outlook, although the RSI and Williams indicators are approaching overbought levels, raising questions about potential profit-taking in the short term. Investors are encouraged to share their strategies regarding whether to opt for warrants or directly purchase the underlying stock [10]

Fundamental Analysis - The global economic situation, monetary policies of major economies, and geopolitical issues significantly impact gold prices [3] - Gold prices typically have an inverse relationship with the US dollar index; a stronger dollar often leads to lower gold prices and vice versa [4] - Inflation erodes the purchasing power of currency, making gold a sought-after asset during inflationary periods [5] - The supply and demand dynamics, including changes in gold mining output and central bank reserves, also affect gold prices [6] Technical Analysis - Candlestick charts are essential for technical analysis, allowing investors to observe market trends and potential buy/sell signals [7] - Technical indicators such as moving averages, MACD, and RSI serve as navigational tools for investors to assess market conditions [7] - Support and resistance levels act as critical price points; breaking through these levels often indicates a shift in market trends [7] Risk Management - Setting stop-loss orders acts as a safety mechanism for investors, automatically triggering a sell when prices fall to a predetermined level [8] - Position sizing is crucial; investors should not risk all their capital on a single trade and should allocate funds based on their risk tolerance [8] - Diversification is recommended to mitigate risks associated with price volatility in a single asset [8] Psychological Management - Greed and fear can hinder investment decisions; maintaining a calm and rational mindset is essential for analyzing market dynamics [10] - Developing and adhering to a trading plan serves as a strategic guide, helping investors avoid impulsive decisions based on market fluctuations [10] - Continuous learning is vital for investors to keep pace with the evolving financial market and remain competitive [10]