On the 1hour chart, $BTC price is actively testing and trading precariously around the EMA(99) at $118,360.10. A sustained break and hold below this level could signal a capitulation of bullish control. Similarly, on the 15-minute chart, the price has just slipped below its EMA(99) at $118,406.16, indicating that bears are gaining short-term control and pushing the market lower from this immediate support.