$BTC /USDT BREAKS BELOW $108K – BEARS PRESSURE, BUT BULLS STILL IN THE GAME
#Bitcoin has broken below the key $108,000 support level, now trading around $107,856.80, marking a -1.75% drop in the last 24 hours. The move signals short-term bearish pressure, but bulls are still holding critical zones and not giving up the fight.
Market Snapshot:
Current Price: $107,856.80
24h High: $110,392.01
24h Low: $107,777.00
Volume: 14,441.06 BTC
USDT Volume: $1.58 Billion
Key Insights:
Support Broken: $108,000 support failed to hold after multiple retests.
Next Major Support: $106,000 — a key level bulls must defend to avoid deeper pullback toward $105,000 or lower.
Bulls Still Active: Despite the dip, buyers are not backing off completely. Price action remains volatile but constructive above $106K.
What to Watch:
If BTC holds above $106,000, expect possible recovery attempts back toward $108.5K and $110K.
A clean break below $106K could open the door toward $103K–$105K zone.
Volume remains high, suggesting strong interest from both sides.
Conclusion:
Bitcoin is in a cooling phase after a strong run. This is a battle of short-term selling vs. long-term strength.
Bulls need to protect $106K to stay in the game.
Stay cautious, manage risk, and watch for signs of reversal.
Trade here on $BTC