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Market sentiment is at Extreme Fear (16) โ and prices are sitting right at key technical zones. Letโs break it down ๐
๐ Bitcoin (BTC)
Price: 87,026 USDT
24h: -2.23%
RSI: 29.3 (Oversold)
Key Support: ~87,800
Resistance: 94,200
๐ BTC is testing strong support while RSI signals oversold conditions. If support holds, a short-term bounce is possible. A breakdown could open the door for deeper correction.
๐ต Ethereum (ETH)
Price: 3,009 USDT
24h: -2.42%
RSI: 40
Key Support: ~3,017
Resistance: 3,390
๐ ETH is weaker but stable above support. Holding this zone may trigger a relief bounce. Bulls need a reclaim above 3,390 to shift momentum.
โ ๏ธ Trade smart. Manage risk. Fear creates opportunityโbut only with discipline.
#Gateio #BTC #ETH #CryptoMarket