According to Mihir (@RhythmicAnalyst) on Twitter, Bitcoin (BTC) recently dipped after testing a key resistance level, with price action strictly following technical indicators rather than any fundamental news (source: https://twitter.com/RhythmicAnalyst/status/1932450676371608048). Traders are focusing on chart-based resistance and support zones to inform short-term positions. The lack of external drivers highlights the importance of closely monitoring technical analysis for near-term BTC trading strategies.