$BTC current key resistance is at $123.8K with support at $111.6K.
While momentum is still slightly positive (+0.12), the structure has shifted into bearish territory (-0.47).
That means price is holding up, but the underlying trend structure is starting to weaken.
This type of divergence, where momentum stays positive but structure turns bearish, often signals a tug-of-war between buyers defending current levels and early sellers positioning ahead of resistance.
If momentum turns negative while structure stays bearish, a deeper pullback toward support becomes likely.
But if buyers can flip structure back to bullish while holding momentum, we could see an attempt to break above $123.8K.
Right now, the market is in decision mode, watching this divergence resolve will give the next big clue.