Bitcoin is under notable selling pressure, retreating toward key support zones around $80,000โ$82,000 amid broader risk-off sentiment and macro uncertainty. Recent drops reflect heightened fear in the market, with leverage unwinding and heightened volatility. ๏ฟฝ
Latestly +1
Technical Levels:
๐ Support: $80,000 / $78,000
๐ Resistance: $85,000 / $88,000
๐ RSI near oversold โ watch for bounce setups if $80K holds. ๏ฟฝ
Latestly
Todayโs Signal:
๐ SHORT-TERM BIAS: BEARISH / VOLATILE
โข Momentum is skewed to the downside until BTC stabilizes above the $85,000 resistance. ๏ฟฝ
โข A break below $80K could accelerate downside moves; stay cautious. ๏ฟฝ
โข If support holds and fear eases, we may see relief rallies toward $85Kโ$88K range. ๏ฟฝ
Latestly
Latestly
Hexn
Sentiment Notes:
๐ Fear remains elevated across social and technical indicators โ historically periods of โextreme fearโ can precede volatility but also create mean-reversion bounce potential. ๏ฟฝ
โ ๏ธ Risk Reminder: This is informational and not financial advice. Trade responsibly and set risk controls.#TSLALinkedPerpsOnBinance #TodayBTCmarketupdate #MarketCorrection #ZAMAPreTGESale $BTC
