Technical analysis along with a 1-day (24hr) outlook:

🕒 4H Chart Analysis (as of $108,022.50)

Key Observations:

• 📉 Price Dropped Below MA(7) ($108,666): a short-term bearish sign.

• 📉 MA(25) ($108,417) is now above current price, indicating fading momentum.

• 📈 MA(99) ($106,765) still rising = long-term trend intact.

• 📉 Recent peak at $110,529 was rejected sharply.

• 🔻 Current candle is red with increasing sell volume.

Support Zones:

• $107,500 (tested in last 24h)

• $106,765 (MA99)

Resistance Levels:

• $108,400 (MA25)

• $109,600–$110,500 (recent top zone)

📆 Next 24 Hours BTC Outlook

✅ Likely Scenario:

• BTC could retest $107.5k–$106.7k zone for support.

• If it holds, expect consolidation between $107.5k–$109k.

• A breakout above $109.7k could resume uptrend.

⚠️ Bearish If:

• Price breaks and closes below $106.7k (MA99), opening a path to $105k.

📊 Trend Bias:

• Short-term: Bearish to Neutral

• Mid-term: Bullish above $106k

🔔 Summary

BTC is in a cooling phase, testing support after failing to hold above $110k. The next 24 hours are crucial: holding $107k may invite a bounce. But a break below $106.7k could trigger further downside toward $105k. Keep an eye on volume and MA(99).$BTC