Last night, Bitcoin $BTC plunged, dropping as low as around 61,900. This downturn exceeded many people’s expectations!

But guys, don’t focus only on the drop and panic. What’s really worth watching is how the market is changing right now.
Based on the current moving-average structure, the MAs are gradually forming a bullish alignment, which suggests that short-term bulls are starting to regain the upper hand. Although there’s still some resistance overhead, demand for a rebound remains strong after this deep pullback and shakeout.

The market is currently undergoing a corrective pullback, which actually gives us a better opportunity to watch for an entry.
A sharp drop isn’t scary—the key is to understand the trend!
Next, let’s focus on how support holds during the pullback and wait for the right opportunity to catch a rebound. But the overall direction is still bearish!
$ETH $SOL