⏱️ 4H Timeframe Analysis:

  • $BTC Current Price: $103,966.92

  • 24H High / Low: $105,754.05 / $103,371.02

  • Recent Swing High: $108,952.38

  • Recent Swing Low: $102,664.31


🔍 Market Structure:

  • BTC has formed a clear lower high, indicating a weakening bullish momentum.

  • The overall structure on the 4H chart is bearish, with lower highs and lower lows.

  • Price is currently trading below key resistance levels and is heading towards a possible retest of support near $103,300 – $102,600.

📉 Candlestick Patterns:

  • Multiple bearish candles are dominating, including a strong bearish engulfing formation near the recent high.

  • This suggests increased selling pressure and a lack of bullish continuation.


📊 Moving Averages:

  • MA(5) and MA(10) are diverging downward, confirming short-term bearish momentum.

  • Volume is declining, suggesting a possible continuation to the downside or a consolidation phase ahead.

⏱️ 1H Timeframe Analysis:

  • $BTC Current Price: $103,966.92

  • 24H Low: $103,371.02

  • Recent Rejection Level: $107,771.34


🔍 Market Behavior:

  • The 1H chart shows a steep drop from $107K+ levels to the current price zone, indicating strong intraday selling pressure.

  • Price attempted a minor recovery but failed to break above $105,100, forming another lower high


📉 Candlestick & Volume:

  • Bearish candles are consistently forming with no strong bullish reversal patterns.

  • Volume spikes during price drops suggest panic or aggressive sell-offs.


📊 Indicators:

  • MA(5): 494.36

  • MA(10): 462.47

  • Short-term moving averages are trending downward, reflecting bearish control.

  • The Order Book Sentiment shows:

    • 4H: 63.87% Buy vs 36.13% Sell

    • 1H: 19.98% Buy vs 80.02% Sell → Heavy selling dominance in the short-term.

✅ Conclusion:

  • The current structure on both timeframes is bearish.

  • Key Support Zone to Watch: $103,300 – $102,600

  • Resistance Zone: $105,000 – $106,000

  • If $BTC breaks below $103,300 with strong volume, the next support could be around $101,000 – $100,500.

  • Caution is advised — avoid aggressive long entries until bullish confirmation appears (e.g., bullish engulfing candle + strong volume on 4H).

#BTC #cryptowhales69