⚠️ $BTC /USDT Update – Critical Breakdown Deepens
📉 BTC has dropped further to $99,594, confirming a loss of key structural support at $100,000. It is now down -3.69% over 24h with selling pressure increasing.
📊 Key Snapshot
MetricValueCurrent Price$99,594.0324h High$103,776.0024h Low$99,400.0024h Volume (BTC)22,500.90 BTC24h Volume (USDT)$2.29BMarket Sentiment🟥 Bearish & Risk-Off
🧠 Key Observations
🔻 Support Breach Confirmed
$99,400 is holding as the current last major near-term support. A breakdown from this could accelerate BTC to $98K or lower.
No bounce seen yet, despite high trading volume → liquidity-driven selling.
🔍 Order Book (Depth) Highlights
Ask Zones (Resistance)Bid Zones (Support)$104,211.78$99,400.00$103,982.64$98,800.00 (next)$103,203.59$96,500.00
📉 Technical Picture (Short-Term)
Trend: Short-term bearish continuation
RSI (est): Likely < 35 = oversold but still sliding
MACD (est): Bearish crossover confirmed
Volatility: High – expect whipsaw moves
📌 Next Critical Levels
TypePriceNotesSupport 1$99,400Current defense zoneSupport 2$98,000Last key area before panic sellingResistance 1$100,500Must reclaim to reset structureResistance 2$101,800Mid-range resistance
✅ Strategy Suggestions
🎯 If Bullish (Aggressive):
Look for a reclaim of $100,500 with volume before entering
Protect with tight stop-loss under $99,400
🔻 If Bearish (Safer):
Watch for breakdown of $99,400
Potential short toward $98K–96.5K
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