$BTC In 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 of $96,620. The most notable signal comes from a red volume spike around $93,550, which suggests intensified selling pressure and limited buying participation on rebounds. This behavior is characteristic of a descending channel or a potential bear flag pattern. Given the ongoing weakness, a break below $93,550 could trigger further declines, while the potential for recovery exists only if the price can regain the $95,000 level backed by strong volume.