This BTC/USDT 1-hour chart from Binance shows Bitcoin trading at $102,638.32, down 0.80% in the past 24 hours. The price has bounced from a daily low of $100,837.90 and faced resistance near $103,982.64. A noticeable volume spike occurred around the recovery, indicating strong buying interest. The short-term moving averages (MA5 and MA10) are converging, suggesting possible consolidation or a trend reversal. RSI and MACD indicators are not visible but could provide further confirmation. Traders using scalping or intraday strategies might focus on key support at $101,363 and resistance at $103,438. Risk management is crucial in volatile conditions like this.
