#BTCMarketAnalysis

✅ Viral Style Post (Gate.io)
🚀 #BTCMarketAnalysis
Bitcoin is in extreme fear mode, trading at $88,329 and down 1.49% in 24h.
The market is flooded with ETF outflows ($1.7B in 5 days) and heavy institutional shorts, making short-term downside likely.
📌 Key Support: $88,310 – $88,476
📌 Key Resistance: $88,862 – $89,367
🔥 My Take:
BTC is oversold (RSI 15.3) — so a small bounce (0.5–1.5%) is possible if support holds.
But if it breaks $88,310, we may drop further toward $87,500–$87,800.
💡 The real signal:
Fear & Greed Index at 25 (Extreme Fear) → possible local bottom, but panic can continue.
📈 Strategy:
Short-term traders: scale in near support + tight stops
Long-term holders: accumulate on dips, but stay patient