Bitcoin's price has dipped below $110,000, with its relative strength index (RSI) on the daily chart reaching its lowest point since April 2025, when the price bottomed at $74,000. The RSI has fallen below the 30 threshold, suggesting an oversold condition, which some analysts interpret as a potential buy zone. Additionally, the crypto Fear & Greed Index has dropped to 28, reflecting heightened fear among investors, contrasting with the more stable sentiment in traditional markets.