Movement Analysis:$BTC

1. Support and Resistance:

• The current strong support is at $97K, and if it is broken, we may see further decline towards $95K or lower.

• The closest resistance now is at $100-102K, and if the price breaks it, the uptrend could return strongly.

2. Momentum:

Indicators such as RSI (Relative Strength Index) may show that Bitcoin has entered the oversold zone, indicating a possible price rebound soon.

3. Strategy for investors:

If you are a long-term investor, these levels may be an opportunity for gradual buying. However, if you are a short-term trader, it is better to monitor the critical levels mentioned above to make appropriate decisions