#MarketDownturn #TopCoinsSeptember #BecomeCreator $BTC $ETH $USDC In the BTC/USDT chart, several important signals are observed:

1. Bearish Trend:

• The price is at $67,868.22, with a decrease of 1.90%. It has marked a low of $67,672 in the last 24 hours.

• The Parabolic SAR indicates that the bearish trend remains strong, with SAR points located above the candles.

2. Technical Indicators:

• MACD: The MACD is -225.23, showing a clear sell signal, reinforcing the bearish trend.

• RSI: The RSI (6) is at 14.93, indicating an extreme oversold condition. This could mean a potential bounce opportunity in the short term, as the RSI suggests that the asset is heavily punished.

3. Support:

• The next strong support could be near $66,249, according to previous candles.

Conclusion:

The market shows a bearish trend with oversold signals. Although the price may continue to fall, the low RSI suggests that a bounce could happen soon, but caution should still be exercised. Waiting for confirmation before making trades would be prudent.