$BTC

Based on the current BTC/USDT chart (1D), Bitcoin shows bearish momentum intraday. The price has broken below the 7-day and 25-day moving averages (107,275 and 106,835), suggesting short-term weakness. Today’s candle is red, closing near the lower end of the recent range, and approaching support at 103,695. Volume is dropping compared to the green candle surge from June 11, signaling weaker buying interest.

If BTC breaks below 103,600, expect a test of 100,372 or even 99,263, making short trades favorable intraday. However, RSI and MACD (not visible here) should be checked for confirmation.

Intra-day Strategy:

Short below 103,600 with SL at 105,000

Target: 101,000–100,300

Avoid longs unless BTC reclaims 106,000+ with volume.

Trend is neutral-bearish; ideal for disciplined short scalps, not long holding unless price rebounds above 107K with volume confirmation.