After yesterday’s impulse, BTC slipped into a sideways phase, consolidating around $110,800.

Above the price, a 4H imbalance zone at $111,600–$112,200 has formed — now acting as a major resistance.

🔻 Primary scenario: test of this zone followed by a continuation to the downside with targets at $109,000 and $107,200.

🔼 Alternative scenario: for bulls to regain momentum, BTC needs a clean break and consolidation above $112,200. In that case, the door opens toward $115,000+.

⚠️ Key focus is on the $112,400–$113,200 reaction range — it will determine whether the downtrend remains intact or the market regains upward impulse.

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