From a technical indicator perspective, the short cycle has entered the oversold range, possessing strong rebound and repair momentum. As long as the key support at 96500 is not broken, this rapid decline can be viewed as a normal pullback within the upward trend, aimed at washing out floating longs rather than a market reversal. Currently, the market has shown stabilization signals at important support levels, and the overall upward structure remains intact.

If the price can consolidate and stabilize at this position, the bulls are expected to gradually accumulate momentum, creating conditions for another attack on the previous highs. $BTC #RWA热潮