After the non-farm payroll data dropped on May 2, $BTC had a quick flex, smashing past 97,800, but then—BAM—lost its mojo fast, tumbling back to the 92,800-95,700 zone. That’s a wild 4,300+ dollar dip! Right now, breaking out looks like a tough gig, the vibe in the market’s gone soft, and a downward slide feels pretty much locked in.
🚨 Key Levels to Watch:
95,700: This is the big boss resistance. If it doesn’t crack, the fall could keep rolling. Perfect spot to stop.
92,800: Solid support zone. If this breaks, we’re staring at 90,000, maybe even crashing to the 88,000-89,000 range. First wave of decline prob chills here.
💡 Short-Term Game Plan:
If 95,700 holds strong, short near it and cash out around 92,800.
If 92,800 caves, keep that short going, aiming for 90,000.
Stay sharp and roll with the market’s moves.