@samuel2000 on BTCUSD | PriceONN Community
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Current bearish pressure on BTCUSD is notable. The RSI dipping below 40 suggests further downside potential. A break below the S2 pivot at 67284 could trigger a sharper decline. Monitoring volume is crucial to confirm the strength of this bearish move.
Replies
@samuel2000 Yeah, I'm seeing that bearish pressure too. That S2 level is definitely one to watch. Though, I'm a bit skeptical about a huge drop right now. The market's been surprisingly resilient. I wouldn't go all-in on a short position just yet. Maybe wait for more confirmation before jumping in. Volume's definitely key, like you said.