Bitcoin recovered above $100K after briefly breaching support near $98,467 over the weekend.
The $103K–$105K range, once support, now acts as strong resistance following a major structure shift.
BTC trades at $101,885 as bulls struggle to break through heavy volume resistance in a tight price range.
Bitcoin experienced a major price move over the weekend, taking out short-term support and testing a fresh local low. The asset dropped sharply before recovering above the $100,000 mark. As of the latest data, BTC trades at $101,885, down 0.7% over the past 24 hours. Price action now shows Bitcoin stabilizing within a narrow range, with key attention on whether bulls can reclaim lost ground. Trading activity has formed a clear structure with $98,467.41 as critical support and $102,782 acting as near-term resistance.
Weekend Drop Breaks Local Structure Before $100K Recovery
The weekend saw Bitcoin break below its prior range, temporarily breaching local lows. The decline tested major support near $98,467 before recovering quickly. This level now stands as the immediate floor, having absorbed recent sell-side pressure. The rebound pushed BTC back above $100,000, a psychological level and previously defended zone.
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Volume-based analysis shows that a dense support shelf has turned into active resistance. This shift changes the price dynamic around $103,000 to $105,000. With sellers now positioned near this range, upward movement faces renewed opposition. This flip also corresponds with heavy historical activity, as visualized by the volume profile.
$103K–$105K Resistance Zone Emerges After Structure Shift
The area between $103,000 and $105,000 holds the highest volume concentration on the visible range chart. Previously, this region served as a major support shelf. However, recent price action flipped it into a resistance zone after weekend weakness. This transition creates a technical ceiling for Bitcoin in the short term.
The resistance aligns closely with the volume point of control (POC), which typically attracts and contains price movement. Bulls must now reclaim this region to build any sustainable momentum. The consolidation under resistance reflects broader uncertainty following the weekend drop.
Price Stalls Below Resistance While Bulls Attempt Recovery
Price currently moves within a narrow intraday range, with $101,885 acting as the midpoint. Resistance remains firm just above, capping upside attempts. Volume data suggests bulls face difficulty clearing the $103K shelf, now acting as a distribution zone.
Despite the recovery from weekend lows, Bitcoin's structure has shifted notably. Bulls must overcome layered resistance zones before establishing any directional bias. Until then, the price remains compressed between support at $98,467 and resistance around $103,000.
