Bitcoin has recently dropped again, but looking at this movement, it seems that selling pressure is weakening quite a bit. Compared to the lows in October, the recent decline feels quite limited. The spot price is also hovering around the $71,000 range, and the 24-hour decline has settled at about 1.26%.

In such a situation, I think it's important to review technical indicators. I especially recommend oscillator signals, as it's clear that they are entering the oversold zone. The fact that selling fatigue is starting to show suggests that, in the short term, there's a high possibility of a rebound.

The overall crypto market also seems to be aiming to break out of this bottom zone, and movements around Bitcoin could be a key factor. When combining recommended oscillator indicators, a fairly clear buy signal is emerging. After selling pressure eases, a surprisingly strong rebound often occurs, so I believe it's worth paying close attention to this area.