**Bitcoin's Recent Dip: A Healthy Realignment?**

Bitcoin's nearly 10% drop last week is being called a "healthy realignment" by Bitfinex analysts. They believe this dip, which saw Bitcoin fall to the $60,000 support zone, indicates reduced volatility ahead.

- **Market Context**: Bitcoin hit $66,600 on Sept. 27 but fell 9.94% by Oct. 4 due to geopolitical tensions and U.S. economic concerns.

- **Investor Sentiment**: The decline shows cautious sentiment among investors at higher price levels.

- **Market Impact**: Open interest in Bitcoin dropped from $35 billion to $31.8 billion, with over $450 million in long positions liquidated on Oct. 1.

- **Future Outlook**: Positive U.S. labor data and potential Federal Reserve rate cuts could boost market optimism. However, analysts advise caution, noting it's too early to predict short-term trends.

Stay tuned for more updates as the market reacts to early-week trading sessions, especially in the U.S.