Good morning!

Analyzing the BTC/USDT chart on the 4-hour and 1-day time frames, a bear flag pattern is forming, suggesting a possible continuation of the downtrend. On the 4-hour chart, after a sharp decline, the price entered a consolidation phase in an ascending channel, typical of this type of pattern. Confirmation of this pattern could lead to a test of the support level around $98,000. 

On the daily chart, the overall structure remains bullish, with the price holding above key moving averages (20D, 50D, 200D). However, a close below the $104,000 support level could signal a change in market sentiment in the short term.

In conclusion, while there are cautionary signals in the short term, the long-term structure of the Bitcoin market remains solid, supported by fundamental and technical factors.