Basic Technical Analysis #BTC
The RSI is in a neutral-bearish zone, indicating that there is still room for further decline, but it is not yet in oversold territory.
Recent candles have high volatility, with long wicks both up and down, signaling market indecision.
The volume has seen significant spikes, indicating strong interest in this price area, but it may also indicate that we are at a point of distribution or accumulation.
Summary #BTC、
The price is in a critical zone, between support and resistance.
The bounce from 74,508 USDT shows buying strength, but the rejection near 83K indicates that the bears are still present.
The RSI has not yet given a clear buy signal.
Ideally, it would be best to wait for confirmation of a breakout above 79.9K (key resistance) for safer entries.