$BTC Market Pulse [ Update - 28 May 4:07 PM (UTC+5) ]
🔸 Current Price: $108,800
🔸 24H High: $110,700
🔸 24H Low: $108,178
Market dropped from 110.7K to 108.1K - pressure remains.
Key Signals (from 15m, 1h, 4h, 1D, 1W):
🔸 Price struggling below 109.2K
🔸 Short-term trend remains bearish
🔸 Buy/Sell ratio >1.7 - possible short trap
🔸 Strong support at 108K, next level 107.4K
Short-Term Scenarios (Today):
Drop Extension:
🔸 Breakdown below 108.6K = target 108.0K
🔸 If momentum builds, next stop: 107.4K
🔸 Short scalp valid under 109.2K
Bounce Reclaim:
🔸 Price must reclaim 109.2K fast
🔸 If done, squeeze back to 109.8 - 110.1K
Levels to Watch:
🔹 Resistance: 109.3K / 109.8K
🔹 Support: 108.6K → 108.0K → 107.4K
Summary:
🔸 Avoid long bias unless 109.2K is recovered
🔸 Scalp shorts valid until 108.0K hits
Disclaimer: This is not financial advice. The analysis shared is based on personal views and market observations. Always do your own research before making any investment decisions.
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