CoinEx Daily: Bitcoin Market Shows Signs of Technical Rebound as CEX Outflows Rise

Daily View

Bitcoin's market cap has recovered above $1.7 trillion, now ranking 8th globally, with recent technical analysis suggesting the RSI has entered an extremely oversold zone—historically followed by rapid rebounds. Meanwhile, the past 24 hours saw CEX platforms record a net outflow of 5,938.19 BTC and 253,100 ETH, indicating continued withdrawal activity. Sentiment remains cautious, with most futures funding rates still favoring shorts.