Bitcoin’s Relative Strength Index (RSI) is printing one of its deepest oversold readings since 2023 — a level that historically appears only during periods of smart panic or near key market inflection zones. 📉 This decline isn’t purely technical. It comes alongside: Forced liquidations from leveraged positions A short-term drop in risk appetite A real-time test of institutional demand at current levels 📊 What does this mean? Historically, extreme oversold RSI conditions have been followed by either: A strong technical rebound Or a consolidation phase before a larger move 🔍 The market is no longer searching for a “perfect bottom” — it’s watching price reaction. Will real demand step in, or will selling pressure push price lower? 💬 Question for the community: Are we approaching a market bottom… or is the correction not done yet? 👀 Stay alert — these phases often create opportunities before the crowd notices. #WarshFedPolicyOutlook $BTC #WhenWillBTCRebound
ON-CHAIN SIGNAL: Why Institutional Wallets Are Selling $BTC .
Bitcoin is facing serious headwinds, and the data is flashing major warning signs. Dip buying near $70K has been weak, and every bounce is being met with aggressive selling pressure.
Key on-chain signals are turning bearish: - **Institutional Netflows:** Major ETFs and large wallets are now distributing, not accumulating. This is a significant shift in market structure. - **Holder Cost Basis:** $BTC is trading below the Short-Term Holder cost basis. This means recent buyers are underwater, creating heavy overhead supply. - **Market Sentiment:** Realized losses are rising, a sign of stress-driven exits. Put option demand is also surging as traders hedge against further downside.
This isn't healthy rotation; it's defensive positioning. Without institutional demand stepping in, any upside for $BTC remains fragile.
$BTC | •Bitcoin Market Update As Bitcoin (BTC) falls below the $71,000 level, data indicates that Strategy, led by Michael Saylor, is currently facing over $3.5 billion in unrealized losses on its Bitcoin holdings. Key Analytical Points: • These losses are accounting-based and unrealized, with no BTC sold. • Strategy’s approach is built around long-term accumulation, rather than reacting to short-term market volatility. • Historically, periods of sharp drawdowns have often represented re-accumulation phases ahead of broader market repricing. Conclusion: Current price volatility reflects a natural market cycle. Long-term Bitcoin valuation remains driven by supply-demand dynamics and strategic positioning, rather than short-term price fluctuations. #BTC #ADPDataDisappoints