$BTC Key Observations:

1. Price Action:

Price recently peaked at 92,777.0 before declining.

Current price is 92,667.9, slightly below the EMA(7) and EMA(25), indicating short-term bearish momentum.

2. EMA Trends:

EMA(7): 92,685.9 (yellow)

EMA(25): 92,650.7 (magenta)

EMA(99): 92,554.5 (purple)

The EMAs are aligned in a bullish order (7 > 25 > 99), which suggests a larger bullish trend is still intact, but price falling below the 7 and near 25 signals short-term weakness.

3. Support and Resistance:

Support: Around 92,619.5 and 92,530.8 (horizontal levels near previous candle lows).

Resistance: Recent high at 92,777.0 and 92,708.2.

4. Volume:

Volume is decently high (19.30B USDT), indicating strong market participation.

5. Candle Patterns:

Recent candles show rejection near highs and bearish engulfing patterns—suggesting selling pressure.

---

Short-Term Strategy:

Bearish Bias if price stays below the EMA(7) and fails to reclaim 92,685.9.

Potential Long Entry if price bounces from EMA(25) or EMA(99) with bullish confirmation.

Scalp Short idea if it retests 92,708 and fails again.