Over the past 24 hours, the crypto market has shown a cautiously bullish sentiment, driven by Bitcoin's upward momentum supported by persistent negative funding rates, suggesting a potential short squeeze. While BTC's price structure indicates an uptrend, nearing a resistance around $78,300, its RSI is at a neutral 38.58, suggesting consolidation. Altcoins such as
$SAGAUSDT and
$AAVEUSDT remain oversold, offering potential buying opportunities, whereas
$SUPERUSDT and
$TRXUSDT are overbought, hinting at profit-taking. Traders should watch for reversals or continuations at these critical levels, especially with BTC's low open interest signaling a possible trend shift.
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