💸 $BTC 💸
The price is fluctuating below the resistance of 106.5K, and above a weak demand zone at 104K – 103.5K without any strong breakout or rebound so far.
The momentum in RSI is neutral, but MACD has begun to slow its rise — indicating a potential return of selling pressure at any moment.
📉 What to expect?
Re-testing the demand zone (EQL): between 104K – 103.5K.
Breaking this area will open the way to levels:
100,800 – 101,000 USDT as immediate support. If the negative momentum continues, the most important target: 96,000 USDT (Fibonacci 0.382 + major demand zone on the daily timeframe).
📌 Summary:
The bearish scenario is currently the most likely with increasing weakness in momentum, and its confirmation will be with a break of 103.5K.
🚫 It is not advisable to buy right now without strong reversal signals.