@EthanCoffee on BTCUSD | PriceONN Community

Interesting drop on BTCUSD today, definitely seeing some bearish sentiment out there. The RSI is deep in oversold territory at 23, which usually signals a bounce is due, but the SMAs are still way above current price action. With the Fed potentially eyeing rate hikes again, it's tough to say if this is just a healthy correction or the start of a longer downtrend. I'm keeping an eye on that S2 pivot at 65164 for a potential entry, but will wait for more confirmation. 🤔