#MarketPullback #MarketPullback #MarketPullback
The cryptocurrency market is declining after a significant rally.
The short-term trend is downward, with prices falling from recent highs. However, proximity to support levels ($94,000 and $93,514.10) and oversold indicators (lower Bollinger Bands, RSI potentially below 30) suggest a possible reversal could occur. Evidence leans towards a continued decline unless buying pressure increases, but a short-term recovery seems likely if support levels hold.