$BTC The daily chart shows a bearish tilt: the 9-day MA ($94,177.50), 25-day MA ($94,217.85), and 99-day MA ($94,188.53) are all above the current price, indicating short-term downward pressure. The 5-day MA ($71,946.805) and 10-day MA ($1,217.67623) on the chart seem inconsistent with the price scale, likely due to a display error, so I’ll focus on the more reliable 9-day and 25-day MAs.

The Relative Strength Index (RSI) at 39.58 is nearing oversold territory (below 30), suggesting BTC could be due for a bounce if buying momentum kicks in. Volume spiked to 227,172.19 BTC during the recent drop, reflecting strong selling pressure, but the 24-hour volume of 21,528.90 BTC ($2.03 billion USDT) indicates sustained interest. The chart shows a support level of around $92,800.01 (the 24-hour low), with resistance near $95,630.00 (the 24-hour high).