$BTC /USDT – Strong selling pressure still persists
#Bitcoin has now declined to $102,208, extending the bearish momentum from the previous rejection at $103,866. As we warned earlier, sellers continue to dominate, and the price action remains heavy on the downside.
Market Summary: • Highest price in 24 hours: $104,356
• Lowest price in 24 hours: $102,140
• Current price: $102,208
• Trend: Bearish
• Volume: Increasing on red candles - a clear sign of panic selling
Technical Outlook: The price remains stable above the support zone at $102,000. A breakdown below $102,000 could lead to a rapid flow toward the range of $100,800–$100,000, which is a major psychological and technical support.
Main View: As mentioned earlier, $100K remains the strongest support level for BTC. If we see a reversal from here, it could mark the beginning of a new bullish phase. But for now, bearish pressures persist.
Advice: Avoid catching falling knives - wait for signs of consolidation or bullish confirmation near strong support.
Buy and trade here on $BTC