#cryptotradingpro

$BTC - The 103K level is currently being tested as short-term support. If it fails to hold, the 100K region could act as the next key support, coinciding with the 200-day EMA-a confluence that adds further technical significance to that zone.

Momentum, meanwhile, is brushing against the lower boundary of the oversold zone. If price action (PA) doesn't linger here for too long and we see a bounce, there's potential for a short- term recovery. However, continued weakness in both price and momentum could open the door for a deeper pullback, so caution is warranted.