2026-06-05 19:33:36
BTC rebounds 0.79% in 15 minutes: technicals are extremely oversold, triggering short-seller profit-taking
During the period from 19:15 to 19:30 UTC on June 5, 2026, the BTC price rebounded slightly, with a return of +0.79%. The price range was 59,129.2 - 59,866.6 USDT, and the amplitude was 1.24%. This rebound occurred against the backdrop of a sharp overall drop that day—Bitcoin’s intraday low touched $59,764.90, the lowest since October 2024. The intraday decline was about 5%, fitting a typical technical rebound after being oversold. The main driver of this move was a rebound triggered by severe t