Analyzing the djia futures chart, RSI levels are hovering near 65, suggesting mild overbought conditions, but not extreme enough to signal an imminent reversal. BTC has risen in all but three Julys in the past 10 years, with an average increase of around 7%, according to CoinGlass data . Further evidence comes from market maker Wintermute, which plotted the average daily bitcoin funding rate — a proxy for investor sentiment — against spot returns since 2022. It found July is the only month that pairs relatively strong gains with relatively subdued sentiment. • As of January 15th, DJIA went up 15.5% in the past 12 months According to market strategists, the djia futures chart has formed a short-term ascending channel. Break of resistance at 38,700 may invite fresh bullish positions from technical traders.
