Technical Analysis Update 📊
$BTC has sharply dropped from $110,750 to $105,511, confirming a major bearish reversal as it broke below critical support zones. Momentum indicators show strong selling pressure, and RSI remains in the oversold region, signaling potential continuation of the downtrend.
This steep decline has caused huge losses for traders, leading to panic across the entire crypto market. Altcoins followed the crash:
🐸 $PEPE fell to $0.000005
⚡ Solana ($SOL ) dropped to $165
💧 XRP declined to $2.2
Market sentiment has turned extremely bearish, and further downside is possible if Bitcoin fails to hold above the $105K level. A rebound could only be expected if BTC regains strength above $108K–$109K resistance.
