๐ฅ BTC Market Breakdown: Bearish Bias or Hidden Opportunity? ๐๐
๐จ BTCUSDT Perpetual โ 1D Analysis
๐ Current Snapshot
๐ Price: $104,697.9
๐ 24h High: $105,964.8
๐ 24h Low: $104,116.8
โฐ๏ธ Recent Peak: $111,957.2
๐ Structure: Lower highs forming โ indicating a short-term correction phase after a strong rally.
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๐ง Technical Indicator Breakdown
๐ Moving Averages (MA)
โ Price is under MA10 ($105,671.2) and MA30 ($105,418.4)
๐ป Bearish signal โ short-term weakness.
โ MA60 at $97,225.7 shows long-term bullish trend still intact.
๐ MACD (12,26,9)
MACD: -1706.2, DIF < DEA
โก๏ธ Confirmed bearish crossover
๐ป Indicates downside momentum building up.
๐ KDJ Indicator
K: 27.2, D: 30.2, J: 21.2
โ ๏ธ Momentum weakening, bias remains bearish.
โ๏ธ RSI Levels
RSI(12): 49.3, RSI(24): 55.8
๐ก Neither overbought nor oversold โ neutral zone, but pointing slightly down.
๐ซ Bollinger Bands
Price is trading around the midline, not touching upper band.
โก๏ธ Suggests sideways or slight bearish move incoming.
๐งญ Conclusion: Whatโs Next for BTC?
๐ฎ Short-Term Outlook:
โ Bias: Bearish to Neutral
๐ฏ Key Levels to Watch:
Support Zone:
๐ก๏ธ $104,000 โ If broken, expect dip to $101,500โ$99,000
Resistance Zone:
๐ง $105,700 (MA10), $108,000 โ Major breakout needed above $111,900
๐ผ Position Strategy (For Futures Traders):
๐ป Short Setup (Preferred)
๐ฏ Entry: $104,800 โ $105,300
๐ TP1: $102,500
๐ TP2: $100,000
โ Stop-Loss: Tight SL at $106,100 / Safe SL at $107,000
โ ๏ธ Avoid Longs until BTC closes above $106,000 with strong volume and MACD reversal confirmation.
