🚀 BTC IS BEING CONFINED IN A SIDEWAY ZONE — SELLING PRESSURE IS DOMINATING ⚠️
🎯 CURRENT ANALYSIS:
- After a strong bounce to the 106,400 – 106,600 range, selling pressure quickly emerged and pushed the price back to the equilibrium zone.
- Currently, the price is trading around the 105,400 – 105,600 range, right at a resistance zone providing significant liquidity.
- The recovery momentum after the latest correction is weakening, and buyers are unable to maintain the breakout force.
🔎 MONEY FLOW AND LIQUIDITY:
- Supply pressure is densely distributed above the 106,000 range.
- All upward movements are quickly absorbed by selling pressure from the nearby resistance zone.
- The current short-term support zone is around 105,200 – 105,000; if breached, it will trigger stronger selling pressure.
📊 NEXT SCENARIOS:
- There is a high probability that the price will retest the lower support zone around 104,400 – 104,000.
- Buyers need to inject significant liquidity to push the price back above the 106,000 range — but currently, there are no signs of new money entering.
- If the lower support is breached, the downward pressure could pull the price deeper into the 103,600 – 104,000 range.
✅ CONCLUSION:
The market is under active selling pressure.
The short-term downtrend is prevailing.
Priority is to observe selling during recovery phases, limiting early bottom-fishing trades when there are no confirmed signs of a reversal in money flow.