TechFlow news, November 30 — According to Cointelegraph, trader Mister Crypto pointed out that after a series of consecutive sell-offs, Bitcoin may have formed a short-term bottom, with current technical and sentiment indicators providing an opportunity for a rebound.
The analysis suggests that the Relative Strength Index (RSI) on the weekly chart has approached 30 — a level historically associated with阶段性 bottoms. If the market capitalizes on this, Bitcoin could rebound to the range of approximately $100,000–$110,000 in the near term.
The main drivers behind this potential rebound include market sentiment recovering from "extreme fear" toward rationality, and some institutions/whales restarting long positions — especially against the backdrop of looser macro liquidity and shifting interest rate expectations.
