$BTC /USDT Short-Term Outlook:
BTC recently bounced from the $100,678 low, showing short-term recovery.
The price is now near $102,920, just under the MA(25) and MA(99), suggesting overhead resistance.
There's a slight bullish divergence with price rebounding while volume picked up, indicating buyer interest.
However, the structure still shows lower highs and lower lows — classic signs of a short-term downtrend.
A clear breakdown from the ascending channel and failure to hold $103,732 trendline support.
Outlook:
BTC needs to reclaim and hold above $103,500–$104,000 to resume upward momentum. Failing that, downside targets could include $101,000 and potentially retesting $100,000.
⚠️ consider waiting for a confirmed break above the moving averages or a strong bounce from $100K before going long.