๐จ Market Insight Update
Bitcoinโs daily RSI has dropped to its lowest level since August 2023.
The last time we saw sentiment this oversold, BTC was trading near $25,000.
We are now entering what can be described as โmax-pain territoryโ โ a zone where market pressure peaks and volatility often increases. Historically, such conditions have preceded strong reversal moves, but they also demand caution and disciplined risk management.
Key Points:
๐ RSI at multi-month lows
๐ก Market sentiment extremely oversold
๐ Potential opportunities for strategic accumulation
โ ๏ธ Elevated volatility expected
Stay focused, stay informed.
