From the perspective of various key indicators, BTC is currently in the "oscillation consolidation" stage of trend divergence. After a large capital push in the early stage, the price experienced a significant pullback, with capital observing and sentiment panicking. The fear and greed index is at a relatively low level, indicating that most investors are currently defensive, cautious about bottom fishing or continuing to wait for confirmation signals. Technically, both the 1-hour and daily charts show that the downward momentum is strengthening, and volume is shrinking, making short-term rebounds weak. However, short-cycle RSI and candlestick patterns suggest the possibility of a partial oversold correction.
From the perspective of various key indicators, BTC is currently in the "oscillation consolidation" stage of trend divergence. After a large capital push in the early stage, the price experienced a significant pullback, with capital observing and sentiment panicking. The fear and greed index is at a relatively low level, indicating that most investors are currently defensive, cautious about bottom fishing or continuing to wait for confirmation signals. Technically, both the 1-hour and daily charts show that the downward momentum is strengthening, and volume is shrinking, making short-term rebounds weak. However, short-cycle RSI and candlestick patterns suggest the possibility of a partial oversold correction.