🔄 $BTC /USDT Market Update – Bulls Losing Steam?

$BTC is currently trading around $107,388, posting a modest +1.06% gain in the past 24 hours. After a strong upward move, momentum appears to be slowing down, with price now consolidating between key levels — $106,115 (support) and $108,952 (resistance).

📉 Volume has dipped to 1.72B USDT, a clear sign that buying pressure may be fading. If bulls can reclaim the $108K zone, a quick push toward the $110K psychological barrier is likely. However, a breakdown below $106K could expose BTC to deeper support near $103,500.

📊 Short-Term Outlook: Neutral

Traders should remain cautious and patient, awaiting a decisive move in either direction. Momentum indicators are cooling off, so avoid premature entries.

🎯 Futures Tip:

Wait for volume-backed breakout confirmation before considering a position. Both bulls and bears should be on alert — this range won't last forever.