Bitcoin ($BTC
) is trading at $101,900, down -1.78% in the past 24 hours, with a low of $101,500 and a high of $104,356.95. The hourly chart on Binance shows strong downward momentum, with a brief consolidation after hitting the day’s low. Trading volume is rising, suggesting active market participation, likely from liquidations and panic selling. MA(5) and MA(10) show bearish divergence, confirming short-term weakness. Key support lies at $101,500; a breakdown could test $100K psychological support. If BTC rebounds above $102,631, it may signal a relief rally. MACD and volume trends should be monitored closely for reversal confirmation.