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Look at the monthly RSI situation for BTC.
Previously, it was expected that the RSI would stabilize above 60 and continue to push towards the cyclical highs of 80-90. But reality gave a slap — the RSI directly fell below 60, changing the entire structure.
The current situation is as follows: we are in a neutral to slightly bearish zone, but interestingly, the RSI curve has already started to turn upward, indicating that the downward momentum is gradually weakening, and a rebuilding signal is brewing. This price range has traditionally not been a final judgment but a decision zone — often determining whether the next move is a rebound or a deeper decline.
The key point is very clear:
If BTC can regain and hold above RSI 60, the bull cycle can restart, and the targets of 80-90 will come back into focus. Conversely, if it gets suppressed here, it may lead to deeper consolidation, or even approach the cyclical low around 38.
There’s no fancy judgment here, just watch how the structure develops. Keep a close eye on whether it can regain the 60 level.