BIFI has experienced significant fluctuations in the past 24 hours, rebounding from a low point to the current level, with the overall technical outlook being positive but the capital flow complex.



Let's first look at the positive signals from the technical side. The 7-period EMA has already formed a bullish crossover with the 25-period EMA, and the MACD histogram has turned positive, indicating potential upward momentum in the short term. Such technical patterns are common confirmation signals during a rebound rally. However, there is a point to be cautious about — the current 6-period RSI has surged to 78.93, clearly in overbought territory, and the Average True Range (ATR) is as high as 16.14, indicating high market volatility and a significant correction risk.

From a capital perspective, the situation is mixed. On one hand, market data shows approximately $15 billion of institutional funds flowing into cryptocurrencies and AI sectors, which could bring incremental capital to popular tokens like BIFI. On the other hand, discussions about BIFI in the community have noticeably increased, and it has ranked high on the gainers list, with reports showing gains of over 84% and even 90%, reflecting a high level of speculative enthusiasm among market participants.

However, the issue is that recent capital flows for BIFI have shifted. Data shows a net outflow of 123,032 USDT from short-sellers, and signals indicate that Asian investors have recently started to turn to selling, meaning selling pressure is gradually accumulating. Considering the current overbought state and high volatility, this shift warrants close attention.

On the macro level, there are also some uncertainties. The US government may face a risk of a government shutdown, and the Federal Reserve remains cautious about rate cuts due to strong labor market performance, all of which could trigger market volatility and put pressure on risk assets like BIFI.

Overall, BIFI's short-term technical outlook has some support, but the combination of overbought conditions, capital outflows, and high volatility suggests that the next move could be quite volatile. Participants should prepare for both possibilities.
BIFI-23,33%
ATR-2,23%
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ForkTonguevip
· 20h ago
RSI is already at 78, still dare to buy in? Are you crazy?
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SnapshotLaborervip
· 01-11 00:55
RSI is already at 78, are you still daring to chase? This time, it seems like it's going to retest support.
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TheShibaWhisperervip
· 01-11 00:49
RSI hits 79? This is the rhythm of a roller coaster ride. The bears are dumping, Asians are fleeing, how dare you still take this position... Technical analysis is singing while the funds are dancing, a typical trap setup. An 84% increase should have been cleared, this wave is probably going to retrace. Wait and see what happens with the US stocks, risk assets are all trembling right now. Where is the promised 15 billion in funds? Why is it still flowing out? With such severe overbought conditions, I advise everyone not to chase the highs.
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FOMOSapienvip
· 01-11 00:48
RSI of 78? That means it's definitely going to decline.
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gaslight_gasfeezvip
· 01-11 00:42
Still trying to push the RSI of 78 higher? That's just asking for trouble.
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ChainBrainvip
· 01-11 00:37
It's both overbought and capital outflow again; this rhythm doesn't seem right.
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