With the higher time frames unquestionably bullish (things can change, of course, but you need to go with the trend until it changes), the current situation is a game of patience and well-placed orders. You can see how the 89 EMA on the 2 hr (and also the 1-hour) has been supporting the lower time-frame price action through this entire bull run.
In the current sideways consolidation, we've already hit the 89 EMA once. If we get a candle close under the red line, I would expect the price to hit it again, which I would see as a great buying opportunity and a way to get into a long if you missed the buy at the 50K area.
In the current sideways consolidation, we've already hit the 89 EMA once. If we get a candle close under the red line, I would expect the price to hit it again, which I would see as a great buying opportunity and a way to get into a long if you missed the buy at the 50K area.