📉Bitcoin (BTC) is currently trading at $58,180, up by 0.6% in the last 24 hours, amidst a bearish market trend. The total open interest for BTC has dropped from $10.29 billion to $10 billion, with liquidations reaching $148 million. 🐳Whale activity has also decreased, with transactions of at least $100,000 worth of BTC plunging from 11,648 to 6,063. However, the BTC Relative Strength Index (RSI) indicates that Bitcoin is oversold, hinting at a potential short-term price hike. What are your thoughts on these market trends? Share in the comments below! 👇