#BTC is currently facing strong headwinds! The price is trapped beneath the moving average ceiling (especially MA7 and MA25) at 106,951, and selling pressure is evident in the massive volume (1.94 billion USDT). Today's low of 106,474 represents the last line of defense – if broken, the market could witness a rapid collapse towards 105,000.
Tactical Paradox: This compression resembles a coiled spring:
* Bearish Scenario (70% probability): Support break → sharp correction.
* Bullish Scenario (30%): A bounce from 106,500 triggers an upward wave towards 107,500 if large buy orders hold.
✪ Hypothetical Analysis:
"Waiting is the first step of wisdom! Await the moment of technical confirmation:
* Potential Buy Signal: Price bouncing from 106,500 accompanied by a bullish candlestick pattern (such as a hammer).
* Potential Sell Signal: Candlestick close below 106,474 with increased trading volume.
Leverage in these conditions multiplies risks – setting a stop-loss is an absolute necessity."
Conclusion: The market is in a highly volatile compression phase... Boldly monitoring for a support/resistance breakout is key! 🦅
This is a technical market analysis and not financial advice.
