$BTC On the 1-hour chart, bitcoin continues to reflect a short-term bearish structure, following a consistent series of lower highs and lower lows from the local peak at $96,620. The most notable signal comes from a red volume spike around $93,550, which suggests intensified selling pressure and limited participation from buyers on rebounds. This behavior is characteristic of a descending channel or potential bear flag pattern. Given the ongoing weakness, a breakdown below $93,550 could trigger further declines, while recovery potential exists only if the price manages to reclaim the $95,000 level backed by strong volume.