⏱️ 4H Timeframe Analysis:
$BTC Current Price: $103,966.9224H High / Low: $105,754.05 / $103,371.02Recent Swing High: $108,952.38Recent Swing Low: $102,664.31
🔍 Market Structure:
BTC has formed a clear lower high, indicating a weakening bullish momentum.The overall structure on the 4H chart is bearish, with lower highs and lower lows.Price is currently trading below key resistance levels and is heading towards a possible retest of support near $103,300 – $102,600.
📉 Candlestick Patterns:
Multiple bearish candles are dominating, including a strong bearish engulfing formation near the recent high.This suggests increased selling pressure and a lack of bullish continuation.
📊 Moving Averages:
MA(5) and MA(10) are diverging downward, confirming short-term bearish momentum.Volume is declining, suggesting a possible continuation to the downside or a consolidation phase ahead.
⏱️ 1H Timeframe Analysis:
$BTC Current Price: $103,966.9224H Low: $103,371.02Recent Rejection Level: $107,771.34
🔍 Market Behavior:
The 1H chart shows a steep drop from $107K+ levels to the current price zone, indicating strong intraday selling pressure.Price attempted a minor recovery but failed to break above $105,100, forming another lower high
📉 Candlestick & Volume:
Bearish candles are consistently forming with no strong bullish reversal patterns.Volume spikes during price drops suggest panic or aggressive sell-offs.
📊 Indicators:
MA(5): 494.36MA(10): 462.47Short-term moving averages are trending downward, reflecting bearish control.The Order Book Sentiment shows:
4H: 63.87% Buy vs 36.13% Sell1H: 19.98% Buy vs 80.02% Sell → Heavy selling dominance in the short-term.
✅ Conclusion:
The current structure on both timeframes is bearish.Key Support Zone to Watch: $103,300 – $102,600Resistance Zone: $105,000 – $106,000If
$BTC breaks below $103,300 with strong volume, the next support could be around $101,000 – $100,500.Caution is advised — avoid aggressive long entries until bullish confirmation appears (e.g., bullish engulfing candle + strong volume on 4H).
#BTC #cryptowhales69