**Market Update: BTC/USDT**
- **Current Price:** $104,654.91 (-0.95%)
- **24h Range:** $103,371.02 (Low) - $105,840.38 (High)
- **24h Volume:** 15,833.16 BTC / $1.66B USDT
### **Key Indicators**
- **EMA(20):** 105,583.70 (Short-term trend)
- **EMA(220):** 104,467.45 (Long-term trend)
- **RSI(6):** 37.28 (Approaching oversold territory)
### **Market Sentiment**
The price is currently below the 20-day EMA, indicating short-term bearish pressure. The RSI suggests weakening momentum, but a bounce could occur if support holds near $103,371.
### **Action Points**
- **Watch Support:** A break below $103,371 may signal further downside.
- **Resistance Levels:** $105,840 (24h High) and $106,568.59 (Recent swing high).
Stay tuned for updates!