$BTC has witnessed a significant decrease of 9.145% in the last 24 hours.

The price has fluctuated between a high of 0.686 and a low of 0.587, indicating increased volatility in an overall downward trend.

Currently, the support level stands at 0.587, while the resistance level is at 0.653.

Bollinger Bands suggest a narrowing range, implying potential volatility in the future.

With the overall market in a downtrend and Bitcoin's influence still unclear, SNX may follow suit without a strong correlation.

Traders should consider short-term strategies, given the current volatility and bearish sentiment.

Key takeaway: The market remains fragile; closely monitor macroeconomic news for potential reversal signs.