Bitcoin's dip to $42,000 sparks a buying frenzy, as investors seek to accumulate at lower prices. The asset's 14-day relative strength index is now back in overbought territory, indicating a possible correction is overdue. Meanwhile, Ethereum's gas fees continue to plummet, making it an attractive option for traders. Will the market stabilize or is this a false bottom?

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The buying frenzy signifies a healthy correction phase, but it's crucial to monitor RSI and other indicators to avoid getting caught in a potential trap.