JUST IN: Matt Hougan, CIO of Bitwise, debunked conspiracy theories and attributed Bitcoin's recent drop purely to investor selling pressure.

🚨 BITCOIN $BTC IS DAYS AWAY FROM CLOSING ITS 5TH RED MONTH IN A ROW FIRST TIME THIS HAS HAPPENED IN 2018 $BTC HAS ALSO NEVER CLOSED JANUARY AND FEBRUARY RED BACK-TO-BACK

【$SOL Signal】Pullback to Long + 1H Oversold Rebound Play The 1H timeframe is in an extremely oversold state, with RSI dropping to 29.35. The price is consolidating around 81.5 with decreasing volume. Although the 4H trend is downward, the current price is close to the recent oscillation lower boundary, and open interest remains stable without signs of panic selling, indicating a technical rebound potential. 🎯Direction: Long $SOL Long( ⚡Entry/Order: 81.50 - 81.70 🛑Stop Loss: 80.80 🚀Target 1: 83.20 🚀Target 2: 84.50 🛡️Trade Management: - Position size recommendation: Light position - Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If the price consolidates in the entry zone for over 4 hours without improvement, exit proactively. Depth Logic: 1H RSI is severely oversold, indicating a need for correction. Market depth data shows buy orders (81.4-81.5) significantly thicker than sell orders (81.55-81.65), with an imbalance of 16.56%, indicating strong support below. Open interest remains stable, combined with negative funding rates, suggesting increasing short squeeze risk. The current price is close to the 1H Bollinger lower band, a typical short-term rebound target. View real-time market 👇 ) --- Follow me: Get more real-time analysis and insights on the crypto market!