Analysts believe BTC may have bottomed out in the short term, with a potential rebound to $100,000-$110,000.

According to a report by Cointelegraph, trader Mister Crypto points out that Bitcoin may have formed a short-term bottom after its recent continuous sell-off, and current technical and sentiment indicators provide an opportunity for a rebound. Analysts believe that the Relative Strength Index (RSI) on the weekly chart is approaching 30—a level that historically corresponds to a temporary bottom. If the market rebounds from this level, Bitcoin could potentially rise back to the $100,000–$110,000 range in the short term. The main drivers of this potential rebound are: a return of market sentiment from "extreme fear" to rationality, and some institutions/large investors rebuilding long positions—especially against the backdrop of easing macro liquidity and changing interest rate expectations.