Here’s what I’m looking at right now…
Big positives here are:
-Stoch RSI now on the floor
-RSI, while accelerated uptrend has broken, it close to testing the broader trend
-Volume was quite low on the Aug 2 candle and Aug 1 was just average
Also, for what it’s worth, Sept futs at BitMEX are still trading with a $35-$40 premium. That didn’t happen during the first push down to 7600-7800.