Price Movement: Bitcoin has been showing signs of volatility with a recent dip, trading around $96,000 after briefly surpassing $100,000 earlier in the week.

Market Sentiment: There's a mix of panic and cautious optimism on X following a sell-off, with some charts suggesting a possible backtest of a descending trendline, indicating potential buying opportunities.
Technical Analysis: Analysts have noted the formation of a double top on the 4-hour chart, suggesting a potential for further correction, with key support levels to watch.