$BTC /USDT: Momentum Decline, Downtrend Continuation. Following a surge to $95,630, Bitcoin (BTC) has experienced a price decrease to approximately $94,436, indicating a resumption of seller dominance.
Current Market Conditions:
Current Price: $94,436.83
24-Hour High: $95,630.00
24-Hour Low: $92,800.01
24-Hour Volume: 18,481 BTC / 1.75B USDT
Key Price Levels:
Immediate Support: $94,246 and $93,879
Resistance Zones: $94,979 and $95,630
Market Analysis: BTC's inability to sustain a price above $95,000 has resulted in renewed selling pressure. A breach of support near $94,200 could trigger a rapid decline toward the $93,800–$93,500 range.
Strategic Considerations: While a short-term price increase may occur around key support levels, the prevailing trend suggests further downward movement unless a swift recapture of $94,900 is achieved.
