#MarketPullback The main trend in the market remains medium-term bearish, but the short-term oversold condition has brought BTC into the technical bottom-fishing zone.
- U.S. monetary policy: The Fed is maintaining high interest rates, inflation is trending down but still above the target. This creates opposing pressure on risk assets.
- Bitcoin ETF capital flow: Foreign investors are increasing net purchases of BTC ETFs, supporting long-term demand.
- Geopolitical risks: U.S.-China trade tensions have occasionally escalated, driving Bitcoin as an alternative safe-haven asset.
- Halving season: Has ended, expectations for BTC deflation have been "priced-in"; growth momentum is limited without new positive news.
👉 Medium-term selling pressure still exists, but long-term and short-term money flows (technical recovery) could bring about a rebound.
- Medium-term (4H): Clear bearish trend, prices show no signs of sustainable recovery.
- Short-term (1H): Oversold, MACD divergence + RSI oversold → expecting a technical rebound in the session.