$BTC

Short-Term Trend Analysis

Technical Signals:

The 4-hour MACD remains in negative territory with both the fast and slow lines declining, and the EMA moving averages have broken downward, indicating a dominant bearish momentum; however, the 1-hour RSI is close to the oversold zone (33.89), suggesting potential short-term rebound demand.

Key support levels are in the range of $100,000-$100,600 (a concentrated area + psychological level), and a drop below this could lead to a test of $99,500; the upper resistance level is at $103,500-$105,000 (previous high resistance).