there is no bull run without corrections, and bitcoin is getting another reminder of that.
BTC lost the $80,000 level in October and fell to around $76,300, ending the month down roughly 7.3%. The latest sell-off was intensified by the $6.3B Binance security incident and a wave of market liquidations.
Daily RSI has also dropped to around 33, putting bitcoin close to oversold territory. Meanwhile, the $76,000 area is the immediate support to watch, with the 200-day moving average sitting around...
$ETH daily RSI just hit oversold for the first time since June.
Last time we were down here? 73% rally over the next three months.
Oversold readings on the daily don't come around often — and when they do, they tend to mark bottoms, not the start of deeper pain. June was the setup. This could be the reload.
Still need confirmation — a higher low, a break of structure, something to show the turn is real. But if you've been waiting for a spot to scale in or add to a core position, this is the k...
Everyone's freaking out about $BTC right now, but honestly? This feels more like theater than actual disaster.
Yeah, we got slapped down at $81k, slid to $76k to close that gap everyone saw coming, then got rejected again at $78k. Classic crypto move. But here's the thing — after all this chaos, especially with the hack noise floating around, I'd rather be positioned long than short. Call it gut feel mixed with years of watching this stuff play out.
What I'm eyeing:
First, I want to see if we...