According to market sentiment indicators, Bitcoin has currently entered the "panic" zone.
Historical experience shows that panic sentiment often corresponds to the mid- to long-term accumulation phase of funds, rather than a trend top.
Meanwhile, the price has not broken below key structural support; instead, it is gradually forming a bullish divergence amid panic sentiment, providing a technical basis for a subsequent rebound.
On the technical level, Bitcoin has rebounded in a short period and recorded an intraday increase of over 2%, with the price stabilizing around $85,000 and approaching the key psychological level of $90,000.
Once this area is effectively broken through, it may trigger a new round of FOMO buying, forcing short sellers to cover their positions, thereby amplifying the upward momentum!#加密市场小幅回暖 $BTC
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According to market sentiment indicators, Bitcoin has currently entered the "panic" zone.
Historical experience shows that panic sentiment often corresponds to the mid- to long-term accumulation phase of funds, rather than a trend top.
Meanwhile, the price has not broken below key structural support; instead, it is gradually forming a bullish divergence amid panic sentiment, providing a technical basis for a subsequent rebound.
On the technical level, Bitcoin has rebounded in a short period and recorded an intraday increase of over 2%, with the price stabilizing around $85,000 and approaching the key psychological level of $90,000.
Once this area is effectively broken through, it may trigger a new round of FOMO buying, forcing short sellers to cover their positions, thereby amplifying the upward momentum!#加密市场小幅回暖 $BTC