🪙 BTC/USDT Analysis – Daily Chart Overview
🔄 Trend: Light correction after strong rise
✨️ Current price: $106,849 (-0.45%)
📈 24h High: $108,891 | 📉 24h Low: $106,474
📊 24h Volume: 17,791 BTC | $1.92B USDT
📊 Key Technicals
EMA(7): $107,925 (now acting as resistance)
EMA(25): $104,458 (immediate support)
EMA(99): $95,532 (longer trend support)
RSI(6): 44.75 (neutral zone, weakening trend)
Volume: Gradually decreasing — sign of buying exhaustion
📉 Current Situation
After reaching the local top at $111,980, BTC entered a realization phase and temporarily lost the EMA(7). The current candle shows hesitation, with support being tested near the $106k ~ $104k region.
🚩 RSI below 50 suggests loss of strength from bulls
🚩 Indecision candles = time for caution
🚩 Decreasing volume confirms lack of momentum
🧭 What to watch:
A close below the EMA(25) could accelerate the pullback to the EMA(99) ($95,500).
If support at $104k is lost, the next stronger support is between $94,800 ~ $92,000.
⚠️ Looking beyond the daily chart...
Although the moment is still bullish in the macro sense, the structure is overloaded after months of nearly uninterrupted appreciation. The chart is beginning to show signs of structural fatigue.
📉 A deeper correction may unfold in the coming months, especially if global liquidity decreases or if macroeconomic events pressure the market.
🎯 Conclusion
BTC continues in a long-term uptrend, but the short and medium term requires caution. The market is showing the first signs that a stronger rest is on the radar.
Get ready, position yourself wisely, and don't forget: the bull market also corrects.