$BTC

Based on the provided daily chart for BTC/USDT on Binance, the price is hovering around the 81,000 level after a noticeable drop from its recent high near 105,000. The highlighted zones around 95,000 and 105,000 suggest potential areas of supply or resistance where sellers may step in if price attempts a rebound. Meanwhile, support appears to be forming around the 76,000 mark, which could be a crucial level to watch if the current downtrend persists.

Volume bars indicate moderate trading activity, with some spikes potentially signaling strong selling pressure during the recent decline. The Stochastic RSI, currently reading around 38 and 45, sits in a mid-range position—neither deeply oversold nor overbought—suggesting the market could still move in either direction without a clear momentum bias.

Traders will likely monitor price action closely for a potential bounce off support or a decisive break below 76,000, which could accelerate further downside. Conversely, any rally that clears the 95,000 zone might encourage bullish sentiment and open the door for a retest of the 105,000 level. As always, combining volume analysis, momentum indicators, and support-resistance levels can offer clearer insight into upcoming market movements.