$BTC Market Update: BTC/USDT Movement – Following the Trail

In our previous analysis, we highlighted a significant shift in BTC/USDT trading patterns. The key indicators – RSI, OBV, MACD, and trading volume – were signaling a potential pullback. As the 15-minute candles began consolidating near critical resistance levels, market participants were on high alert for the next big move.

What’s Happening Now?

After closely monitoring the market:

• Price Action: BTC crossed the $100,000 mark briefly but showed resistance above $100,600.

• Volume Fluctuations: Sudden selling inflows in large orders pushed OBV downward, reflecting a decline in buying momentum. The large sell inflow (-1,502 BTC) from major wallets further confirmed selling pressure.

• Indicator Validation:

• RSI (14) dipped below 54, signaling weakening momentum.

• MACD showed bearish divergence, supporting the downward trend.

• STOCHRSI remained neutral but leaned toward oversold conditions.

Comparing to the Previous Post

1. Consolidation Area: BTC tested key resistance levels, forming a “double-top” pattern near $100,860, as predicted earlier.

2. Manipulative Actions: Bulk sell orders were consistent with the patterns identified previously, potentially driven by larger players reducing positions to control liquidity.

What’s Next?

• Key Level to Watch: If BTC falls below $99,300, it could trigger a cascade effect with a potential target near $97,800-$97,300.

• Bounce Zone: (Any time Risk your long )

A recovery above $100,150 might reignite bullish momentum, but sustained volume is critical .

The real trading community is focused on transparency and accountability. These patterns showcase the influence of both natural market forces and potential manipulation by major wallets.

Stay connected as we continue to monitor and share real-time data for traders. Let’s navigate this market together!

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