The post 3% Away from Key Market Bottom appeared on BitcoinEthereumNews.com. Key Insights: BTC drops 3% as the Fear Index nears the bottom zone where previous rallies have started. Weekly Bollinger Band breach and RSI trends suggest the market may be near exhaustion. Traders monitor $100K support as sentiment and volume signal possible accumulation phase. Bitcoin Nears Breakdown: 3% Away from Key Market Bottom Bitcoin was now priced at $103,826 after falling 3.53% in the last 24 hours. Over the past seven days, the price has dropped by 9.20%. The current move puts Bitcoin within a few percentage points of a key level that has previously acted as a turning point. Market participants are watching closely as the asset nears the same price area where previous recoveries started earlier this year. Crypto Raven pointed out that the Crypto Fear & Greed Index is back in the 10–15 range. This level has matched earlier market lows where investors began buying again. Sentiment Reaches Familiar Zone Between March and May 2025, the index reached similar levels. Those periods were followed by steady rebounds. Past charts show a repeated pattern: once the index entered extreme fear territory, price support often formed soon after. Crypto Raven said, “If BTC falls another 2–3%, we can hope it will bounce back from here, just like the previous time,”  Source: Crypto Raven/X The current sentiment zone has seen consistent buying interest before, and many traders are waiting for signs that a bottom is forming again. Technical Chart Patterns Show Possible Turning Point On the weekly chart, Bitcoin has broken below the lower Bollinger Band for the first time since March. That previous move happened when BTC traded around $74,000. What followed was a sharp climb to over $110,000. This current break may indicate short-term selling pressure.  Cheds Trading posted,  “$BTC first breach of lower BB weekly since March.” … The post 3% Away from Key Market Bottom appeared on BitcoinEthereumNews.com. Key Insights: BTC drops 3% as the Fear Index nears the bottom zone where previous rallies have started. Weekly Bollinger Band breach and RSI trends suggest the market may be near exhaustion. Traders monitor $100K support as sentiment and volume signal possible accumulation phase. Bitcoin Nears Breakdown: 3% Away from Key Market Bottom Bitcoin was now priced at $103,826 after falling 3.53% in the last 24 hours. Over the past seven days, the price has dropped by 9.20%. The current move puts Bitcoin within a few percentage points of a key level that has previously acted as a turning point. Market participants are watching closely as the asset nears the same price area where previous recoveries started earlier this year. Crypto Raven pointed out that the Crypto Fear & Greed Index is back in the 10–15 range. This level has matched earlier market lows where investors began buying again. Sentiment Reaches Familiar Zone Between March and May 2025, the index reached similar levels. Those periods were followed by steady rebounds. Past charts show a repeated pattern: once the index entered extreme fear territory, price support often formed soon after. Crypto Raven said, “If BTC falls another 2–3%, we can hope it will bounce back from here, just like the previous time,”  Source: Crypto Raven/X The current sentiment zone has seen consistent buying interest before, and many traders are waiting for signs that a bottom is forming again. Technical Chart Patterns Show Possible Turning Point On the weekly chart, Bitcoin has broken below the lower Bollinger Band for the first time since March. That previous move happened when BTC traded around $74,000. What followed was a sharp climb to over $110,000. This current break may indicate short-term selling pressure.  Cheds Trading posted,  “$BTC first breach of lower BB weekly since March.” …