MACD histogram turned positive, indicating emerging short-term bullish momentum despite a $2843 daily drop. RSI (14) at 43.54 shows a neutral-to-weak state, with bears slightly ahead but not in oversold territory, suggesting limited room for further declines. Bitcoin's volatility and recent drop have made investors cautious or even panicked. Some are exiting the market, while others are looking for opportunities to buy the dip or go short. Unstable sentiment is reducing trading activity.
In summary, although BTCUSDT is currently down, bullish signals are strengthening. Key support levels remain crucial. A rebound could occur if prices hold these levels, but a break below may lead to further declines.
BTCUSDT
sell@85000-86000
tp:84000-83500-83000
buy@82000-83000
tp:84000-84500-8500
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