đš BTC PANIC MODE ON? OR OPPORTUNITY LOADING? đš
BTC just dumped â10% in a single move and fear is everywhere đ±
Candles are bleeding, timelines are screaming, and traders are cryingâŠ
But letâs look at the DATA đ
đ BTCUSDT (1H)
Clear lower highs & lower lows â trend still bearish
RSI(6) = 16 â EXTREME oversold (panic zone)
Huge sell volume â weak hands flushed out
â ïž Important truth:
Oversold does NOT mean instant bottom â
It usually gives a relief bounce or sideways trap before the next big move.
đ§± Key Levels to Watch
đą Support: 65,400 â 65,000
If this breaks â 63,800 â 62,000 next
đŽ Resistance: 67,800 â 68,200, then 70,800
đ§ Traderâs Playbook
â Aggressive scalpers may attempt small bounce longs
â Over-leveraged trades = liquidation fuel
â Smart money waits for confirmation, not hope
đ Bias
Short-term: Oversold bounce possible
Mid-term: Trend still BEARISH đ»
Market is teaching a lesson again:
Survive first. Profit later. đ°
Are you buying fear⊠or becoming exit liquidity? đđ
#BTC #Bitcoin #BTCUSDT #CryptoCrash #RSI #MarketUpdate #BinanceSquare #CryptoTrading đ„đ