10x Research: Bitcoin may rebound to the $60,000-62,000 level before facing resistance

ChainCatcher news, 10x Research posted on social media that all six applicants for the spot Ethereum ETF have submitted updated S-1 forms, indicating that SEC approval may be imminent.

Additionally, the RSI oversold indicator suggests a reversal in the market in the short term. Currently, two-thirds of the reversal indicators have turned bullish, and shorting may need to wait. If Bitcoin rebounds to the $60,000-$62,000 level and fails to break through, it may cause the price to drop again.