Based on the provided 4-hour $BTC /USDT chart

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📊 Technical Analysis Overview

Price Action: BTC is trading at $101,580, down -1.83% in the last 24 hours. The recent high was $111,980, but momentum has weakened, leading to a bearish consolidation.

EMAs:

EMA(7) ≈ $102,951 (above current price – bearish signal)

EMA(25) ≈ $104,134

EMA(99) ≈ $105,572

All EMAs are currently above the price, indicating downside pressure.

MACD: Bearish crossover with MACD at -216.56 and both DIF and DEA trending downward.

RSI (6): Very oversold at 19.66, which may suggest a short-term bounce or relief rally could occur, but no confirmation yet.

Volume: No significant spikes, showing weak momentum in either direction right now.

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🔔 Intraday Trading Signal:

🔻 Bearish Bias (Trend-Following Trade)

Entry (Short): $101,800–$102,200 (on slight bounce into resistance zone)

Stop-Loss: $103,000 (above EMA7 to avoid fakeouts)

Take-Profit Targets:

TP1: $100,200

TP2: $98,900 (near previous consolidation zone)

TP3: $96,600 (if strong sell-off resumes)

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🔼 Bullish Counter-Trade (Risky, Based on Oversold RSI)

Entry (Long): $100,800–$101,000

Stop-Loss: $99,500

Take-Profit Targets:

TP1: $102,500 (EMA7)

TP2: $104,000 (EMA25)

TP3: $105,500 (EMA99 & prior resistance)

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⚠️ Notes:

If BTC breaks below $100,000, further downside toward $96,000 is likely.

Wait for confirmation (volume spike, bullish MACD crossover, or RSI bounce) before entering long.

Stick to tight risk management due to volatile market conditions.