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🚨 #BTC/USDT Update
BTC briefly dropped below $60K today, marking its lowest level since October 2024. However, despite the strong selling pressure, the daily candle has still not closed below $60K. 👀
📉 The RSI is currently in the extreme oversold zone, suggesting that selling momentum may be starting to weaken.
🐻 If bears want to trigger another major dump, they may first need to push BTC back toward the $68K area. Otherwise, the market could begin showing signs of stability from current levels.
💎 Price is currently trading within a support zone where buyers have previously shown strong interest. At the same time, discussions around dip buying are increasing, which is often one of the first signs of a shift in market sentiment.
⚡ For now, it's better to observe the market rather than panic. The next few days could play a key role in determining BTC's next major direction. 📈🔥
$BTC