$BTC
Bitcoin is trading around $98,950, slipping below the key $100K psychological level, and testing a critical support zone as bearish pressure mounts.
📉 Current Technical Outlook:
Support: $98K → $95.6K
Resistance: $100.5K → $102.8K
Daily Trend: Bearish continuation
1H/4H Trend: Sideways chop with downside bias
🧠 Market Sentiment:
Rising caution due to Fed rate hold, regulatory heat, and ETF inflow slowdowns
Traders rotating into stables or eyeing short setups until bulls reclaim $100K
Long-term HODLers still strong, but momentum traders are risk-off
📌 What to Watch This Week:
If $95.6K breaks, $92K–$93K zone becomes the next critical level
A daily close above $102K would weaken the bearish structure
Volatility expected to spike midweek with macro data
Stay sharp. Defense before offense. 🎯