On the 4-hour timeframe, it can be seen that BTC briefly touched $95,000, but failed to maintain bullish momentum and experienced a sharp decline. Currently, BTC is testing support in the range of $83,800-$83,900. If this level is breached, it could potentially head towards the $82,400 area. However, if there is a rebound, the nearest resistance is at $85,000-$86,000.
The volume indicator shows a significant increase during the decline, indicating that the selling action is quite strong. It is important to watch whether BTC can hold above $83,500, or if it will experience a deeper correction.
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