Analyst: BTC may have found a short-term bottom, and a short-term rebound to $100,000–$110,000 is expected

According to Cointelegraph, trader Mister Crypto pointed out that after a series of sell-offs, Bitcoin may have formed a short-term bottom, with current technical and sentiment indicators providing an opportunity for a rebound.

Analysis suggests that the Relative Strength Index (RSI) on the weekly chart is nearing 30—historically, this level often corresponds to a phase bottom. If the market rebounds from this point, Bitcoin is expected to rise to around the $100,000–$110,000 range in the short term. The main driving forces behind this potential rebound are: market sentiment returning from "extreme fear" to rationality, and some institutions/whales rebuilding long positions—especially against the backdrop of easing macro liquidity and changing interest rate expectations.