$BTC BTC tested the resistance at 95,800 once again but faced rejection at this level without volume support. This area is functioning as a strong supply zone in recent price movements. A volume-based and sustained breakout above 95,800 is necessary for the continuation of the short-term uptrend.

Currently, the market is proceeding cautiously; the RSI is in the neutral zone on the 4H chart and momentum in the MACD has weakened. When examining the volume profile, it appears that buyers have not fully stepped in yet.

Critical Technical Levels:

Resistance: 95,800 – 100,000 – 108,000

Support: 92,400 – 89,000

Closures above this area, especially if confirmed on the 4H or daily chart, present a possibility of a rally towards 108K. However, it is wise to be cautious about the sustainability of the uptrend for now.

I am closely monitoring the chart. I will provide updates based on volume and closures.