We can see $BTC made an impressive move, hitting a 24h high of $104,361, before pulling back to the current level around $102,958. That’s still a +3.73% gain on the day, nothing to complain about.
Volume spiked significantly during the run-up, then tapered off, classic move after a strong rally. Sellers stepped in just above $104k, leading to that noticeable red candle.
Since then, $BTC has been moving sideways, likely waiting for the next catalyst.
Key levels to watch:
Resistance: $103,350 and $104,361 (recent high)
Support: $102,161 and $100,779
At this point, $BTC seems to be taking a breather. A breakout above $103,350 could reignite momentum, while a drop below $102k might bring in more selling pressure.
Stay alert and manage risk. It’s a market of opportunities, but only if you trade smart.
