Bitcoin has recently shown an overall downward trend, with the current price around 89,630 USDT, a decline of -3.57% in the past 24 hours. Technical indicators suggest that the bullish and bearish forces are shifting towards a bearish outlook, with the downside risk significantly increasing. However, some indicators are approaching oversold levels, indicating the possibility of a short-term technical rebound.
Key Data:
- Current Price: 89,630 USDT
- 24-Hour High/Low: 93,342.90 USDT / 89,422.40 USDT
- Intraday Decline: -3.57%
- Key Support Level: approximately 89,422 USDT
- RSI (1-hour): 18.0,
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