Bulls continuing to benefit from the positive correlation to BTC 2.17% , and running after having the head start.
4 hour RSI levels are getting very high and every new leg up we see, the risk to reward of an entry favors the bulls less and less.
I personally would only be making quick flips on any entries at these levels.
We will be looking for healthy daily consolidation when the 4 hour higher lows are lost for the first time in over a week.
I personally would be scouting bearish positions at this point for a quick flip instead of bullish entries.
$600 psychological resistance will be a key test to watch for the rest of today.
Congrats bulls! Momentum and control.
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