$BTC
Despite the current red candle, macro trend is still bullish (90-day: +21.84%, 1-year: +55.56%).
Short-term correction could be healthy after a big rally.
Buyers still dominate the book, but lower highs after rejection could point toward short-term consolidation or drop.
Current Action:
BTC is pulling back after rejection from ~$108K.
Previous Trend:
Strong bullish rally from March–May, breaking past $100K psychological level.
Formed local double top near $109K — suggesting strong resistance around there.
Holding support near ~$103.3K (24H low), key level to watch.
If broken, next support zone likely near $100K – $101K.
Bullish Rebound Setup
If $103K holds, look for bounce toward $107K–$109K.
Reclaiming $109K = likely breakout to new highs.
❌ Bearish Breakdown
If price loses $103K with volume, test of $100K likely.
Breach below $100K = watch $96K as a strong demand zone.