Bitcoin on the brink: what is happening with the market today?

Friends, hold on tight — the crypto market is turbulent again! Bitcoin ($BTC ) at #Binance is stuck at 92,831.88, showing a slight decline of 0.46%. But this is just the tip of the iceberg! What lies behind these numbers? Let's find out.

On the global stage, it is uneasy: the USA continues to discuss new regulations for cryptocurrencies, and rumors of possible sanctions against major exchanges are stirring investors. In Europe, the ECB hinted at tightening policies regarding stablecoins, which could impact market liquidity. Meanwhile, in China, authorities have intensified pressure on mining, which has already led to a decline in hash rate. These political whirlwinds are creating uncertainty, and the market is reacting nervously.

Technically, BTC is still holding above MA(200) at 84,943.28, but the RSI (67.88) indicates potential overbought conditions. Trading volumes over the last 24 hours are impressive — 567.95 million $USDC , but selling pressure is increasing. !

Until we meet again#BinanceAlphaAlert #MarketRebound