#CryptoComeback
Bitcoin Under Pressure: $104K Zone Becomes Crucial
🔼 BTC Approached $104,000 — the last technical level before updating the historical maximum.
🕯 The upward movement is accompanied by a decrease in volumes, raising questions about the sustainability of the momentum.
🗣️ The main driver of the growth has been headlines about trade initiatives from the U.S. — this time with the United Kingdom.
🗣️ However, the market remains sensitive to news, and further dynamics will depend on geopolitical signals.
🕯 On the BTC charts, it has already broken the 1.618 level on the Fibonacci and is in a high volume area (VAH) and weak trend resistance.
🗣️ This could be a decisive moment: either consolidation with further movement to a new ATH, or a local correction.
📊 According to CoinGlass, liquidity is concentrated below $100K, creating a potential zone for a pullback.
🗣️ There is currently no significant pressure from shorts above $104K.
🗣️ Further movement depends on volumes and reaction to key levels.
🗣️ If buyers do not activate, the market may briefly test the lower liquidity boundaries before a new attempt to break through.