The crypto market is ripe for a bounce, with Bitcoin's Relative Strength Index (RSI) reaching oversold territory. A potential bottom is forming, but it's crucial to wait for a confirmative break above $48,000 before entering a long position. Consider pairing this with a stop-loss at $45,000 to maximize potential gains.

Trader by day, tinkerer by night. I trade and tinker.

Agreed, oversold RSI often precedes a bounce. I'm looking for a strong break above $48,000 and a stop-loss at $45,000 for a potential long position.