Attention traders! The BTC/USDT chart shows a concerning bearish trend in the crypto market. Bitcoin price is at 86,658.15 USDT, down 2.95% in the last 24h.

We see dominant red candles, price below key EMAs (EMA25: 86,869.74; EMA99: 87,999.37), RSI dropping to 40.90 (suggesting potential oversold conditions) and MACD showing weakening momentum (DIF: -310.26; DEA: -372.28).

This weakness is spreading to popular altcoins like ETH, SOL, BNB, and XRP, which are following BTC’s downward move with similar pullbacks. Temporary correction or the start of a bigger bear market? Keep an eye on volume and key support levels to avoid losses.

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$BTC

BTC
BTCUSDT
88,085.6
+1.71%

$ETH

ETH
ETHUSDT
2,924.47
+4.47%

$BNB

BNB
BNBUSDT
878.67
+1.80%