$BTC #Alert

Current Market Overview

The current price of BTC/USDT on the Binance 15-minute chart is $105,962.75. The 24-hour high and low are $108,891.91 and $104,600.50, respectively, with a change of -1.39%. A notable volume surge occurred around 03:30 on May 30, indicating potential panic selling or a liquidity hunt. The support level is around $104,600, marked by the recent wick low, while the resistance level is between $106,470–$107,000, indicated by upper wick rejections and the MA(99).

Indicators (MA)

The moving averages (MA) on the chart provide further insights into the market trend:

- MA(7): $106,030.09 - The price is below this, indicating short-term bearishness.

- MA(25): $105,874.79 - The price is just above this, suggesting minor support.

- MA(99): $107,023.28 - The long-term bearish trend remains intact as the price is well below this level.

Short-Term Prediction (Next 1–3 Hours)

Given the current market structure, the analysis suggests a bearish bias in the short term. However, some recovery signs are present after the sharp dip to $104,600. The potential outcomes are:

- If BTC holds above $105,750, a retest of $106,300–$106,500 is possible.

- If BTC fails to hold above $105,750, expect another dip to $105,100–$104,800.

Trading Strategy Suggestion (Not Financial Advice)

Based on the analysis, the following trading strategy is suggested:

- Scalp Buy Zone: $104,800–$105,200 with a tight stop-loss below $104,500.

- Sell Zone: Near $106,400–$106,700 for quick profits.

- Avoid long positions unless BTC breaks and sustains above $107,000.

#TrumpTariffs #btc