📉 #BTC has decreased by -1.27% over the week and is trading at $103,750.24 after a drop of -4.77% from the local peak. Trading volumes have also fallen by -91.16%, highlighting the overall cooling of interest in the market.
📊 The technical picture is mixed:
— MACD shows weak bearish signals, but hints at a potential upward reversal.
— OBV clearly indicates seller dominance — pressure remains.
— Bollinger Bands are narrowing, signaling a decrease in volatility and preparation for a new impulse.
📌 My opinion: the market is balancing between losing momentum and searching for a bottom. In such a phase, it is important not to guess the direction, but to work from levels and wait for confirmation through volume and structure.
