🔥 BTC Market Breakdown: Bearish Bias or Hidden Opportunity? 📉📊
🚨 BTCUSDT Perpetual – 1D Analysis
📍 Current Snapshot
📌 Price: $104,697.9
📈 24h High: $105,964.8
📉 24h Low: $104,116.8
⛰️ Recent Peak: $111,957.2
📉 Structure: Lower highs forming — indicating a short-term correction phase after a strong rally.
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🧠 Technical Indicator Breakdown
📏 Moving Averages (MA)
❌ Price is under MA10 ($105,671.2) and MA30 ($105,418.4)
🔻 Bearish signal – short-term weakness.
✅ MA60 at $97,225.7 shows long-term bullish trend still intact.
📉 MACD (12,26,9)
MACD: -1706.2, DIF < DEA
➡️ Confirmed bearish crossover
🔻 Indicates downside momentum building up.
📉 KDJ Indicator
K: 27.2, D: 30.2, J: 21.2
⚠️ Momentum weakening, bias remains bearish.
⚖️ RSI Levels
RSI(12): 49.3, RSI(24): 55.8
💡 Neither overbought nor oversold — neutral zone, but pointing slightly down.
💫 Bollinger Bands
Price is trading around the midline, not touching upper band.
➡️ Suggests sideways or slight bearish move incoming.
🧭 Conclusion: What’s Next for BTC?
🔮 Short-Term Outlook:
✅ Bias: Bearish to Neutral
🎯 Key Levels to Watch:
Support Zone:
🛡️ $104,000 → If broken, expect dip to $101,500–$99,000
Resistance Zone:
🚧 $105,700 (MA10), $108,000 → Major breakout needed above $111,900
💼 Position Strategy (For Futures Traders):
🔻 Short Setup (Preferred)
🎯 Entry: $104,800 – $105,300
📉 TP1: $102,500
📉 TP2: $100,000
⛔ Stop-Loss: Tight SL at $106,100 / Safe SL at $107,000
⚠️ Avoid Longs until BTC closes above $106,000 with strong volume and MACD reversal confirmation.
