$BTC

Bitcoin (BTC/USDT) is trading around \$102,424, down 1.12% in the past 24 hours. The 24h low stands at \$100,837.90 and high at \$103,982.64, with 14,545 BTC and \$1.49B in volume, indicating active market movement. Technical indicators show BTC hovering near the MA60 at \$102,300. Whale activity suggests profit-taking from short positions, likely contributing to downward pressure. Despite a 7-day loss of over 2%, Bitcoin maintains a strong 1-year gain of nearly 61%. If BTC breaks below the MA60 and 100.8K support, further downside may follow. Bulls must reclaim \$103.5K to resume upward momentum. Market sentiment remains cautiously bearish near-term.