Looking at the 15-minute BTC/USDT chart:
Short-term Trend:
Current Price: 92,309.75 USDT
Direction: Downtrend
Structure: Lower highs and lower lows clearly visible.
Recent Movement: A small bounce, but it’s failing to break above 92,500–92,800 resistance.
Momentum: Price got rejected from the recent bounce and continues to show weak recovery.
Conclusion:
Short-term bias is bearish, unless BTC can break and hold above 93,000–93,500 with volume. It’s showing weakness, and the trend is currently heading down.
Want confirmation with indicators like RSI, MACD or EMA?