@swalker205 on BTCUSD | PriceONN Community
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This price action on BTCUSD is frankly exhausting. We've seen a sharp drawdown, pushing us below the 200-day SMA which is concerning. The RSI is deep in oversold territory, nearing 30, but that doesn't guarantee a bounce, especially with the broader market sentiment appearing so shaky. I'm holding off on new positions until we see some clearer consolidation or a definitive reversal signal.