The BTC/USDT chart shows a bearish trend, with the price dropping from $114,190 to $102,600 (a 1.81% decrease). A descending trendline highlights lower highs, and the price is nearing support around $99,791.87. Increased volume during the decline suggests selling pressure, with moving averages (MA5: 2,474.32, MA10: 1,857.11) reinforcing the short-term downward movement.

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