$BTC
Bitcoin seems to be losing its bullish momentum after reaching the 106,400 USDT zone, an important psychological and technical level. Several signals suggest a possible imminent correction: selling pressure is visibly increasing around this resistance, while buying volumes are decreasing, indicating a weakening of momentum. Furthermore, distribution indicators are appearing on intermediate time frames, suggesting that strong hands may be gradually exiting the market. If the local support fails, a clear break below 106,000 USDT could lead to an acceleration in the downward trend, trapping late buyers and paving the way for a more pronounced corrective move towards lower levels.
