"$BTC on the Brink: Oversold RSI Screams Rebound

Bitcoin ($BTC /USDT) is currently trading at $102,897, facing a minor dip of -0.79%. The RSI(6) has plummeted to 19.43, clearly signaling an oversold zone. On the 15-minute chart, we witnessed a sharp decline from $103,700 to $102,612, with a slight bullish wick suggesting buyer interest near the support.

Volume has spiked drastically, with green bars emerging at the bottom — a classic sign of potential reversal if follow-through buying confirms. If bitcoin holds above $102,600, we might see a sharp intraday recovery targeting $103,289 or even $103,589 resistance levels. Short-term traders should watch RSI closely for a bounce confirmation.

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": $ETH Down but Not Out — RSI Says 'Watch Closely'"

Ethereum (ETH/USDT) has shown signs of bearish exhaustion, currently hovering near the support region with RSI nearing 25, a level that often sparks short-term recoveries. ETH dropped from recent highs, following BTC’s lead, but buyers are gradually stepping in, as seen in the shrinking red candles.

MA lines are currently above the price action, indicating bearish dominance, but a bounce above MA(7) could ignite a rally toward $3,625–$3,650. Ethereum's structure suggests consolidation before a possible breakout. If Bitcoin rebounds, ETH could follow swiftly, making this a crucial zone to monitor for quick scalps or intraday gains.

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