Based on the 4-hour BTC/USDT chart from Binance:
Observations:
Current Price: ~$103,736
Recent High: ~$105,819
Support Zone: ~$100,500 (recent low and consolidation base)
Volume: Declining slightly after a sharp upward move.
Trend: Bullish momentum recently, but showing a small rejection after the high.
Indicators:
Price has pulled back slightly from the local high, which can be seen as either:
A healthy correction before a further move up.
Or a potential lower high indicating short-term weakness.
Volume spike during breakout, but now reducing — showing cooling buying pressure.
Short-Term Prediction (Next 4H):
Scenario 1 – Bullish Continuation:
If price holds above $100,500-$101,000, and volume picks up again, BTC may retest $105,800 and even push towards $107,000.
Long Bias if a higher low forms above $101,000.
Scenario 2 – Short-Term Pullback:
If BTC fails to hold $100,500, a dip toward the $98,500–$100,000 region is likely.
Short Bias if it breaks down below $100,500 with volume.
Strategy:
Long Entry: Above $104,000 with target $105,800–$107,000. Stop below $102,000.
Short Entry: Below $100,500 with target $98,500. Stop above $102,500.