$BTC

Here are some analysis points:

1. Current Price: BTC/USDT is at $101,800 with a decrease of -3.75%.

2. Bollinger Bands: The current price is near the lower limit (DN: 102,115.30). This indicates that BTC is approaching the oversold area, which could be an opportunity to buy, but further confirmation is needed.

3. MACD:

DIF and DEA are in the negative zone (DIF: -642.73, DEA: -400.67), indicating a strong bearish trend.

The histogram also shows that the selling momentum is still dominant.

4. 24-Hour Volume: The volume is quite large (2.59B USDT), indicating high trading activity.

5. Daily Trend: In the 1-day timeframe, the price shows a significant decline from the previous high ($109,588). If support at $99,550 (previous low) does not hold, further downside is possible.

Recommendations:

If you want to buy, wait for confirmation of a reversal, such as a significant bullish candle or a bullish crossover on the MACD.

If you want to sell, watch for price to break through a key support level such as $99,550. If so, further downside is possible.

Always use a stop loss to manage risk.