🚨 BTC/USDT – 4H Market Update 🧠
📉 Current Price: ~$118.9K
⏳ Consolidation continues in a tight range after rejection near $120.4K.
🔹 Key Levels:
• Resistance: $120.4K – $121.1K – $123.2K
• Support: $118.8K – $118.0K – $117.9K
• 🔻 CME Gap: $115.4K – $114.4K (still unfilled)
🧩 Insights:
• Price struggling to hold above $120K
• Volume weakening on upthrusts
• CME gap below could attract price for a flush
• Reclaiming $120.5K with strong volume flips bias bullish
📊 Bias: Neutral to bearish until $120.5K is reclaimed with strength.
🎯 Watch $117.9K – if lost, quick drop to CME gap possible.