[BTC/USDT MARKET ANALYSIS] Is Bitcoin Ready to Rebound After a Healthy Correction?

In the last 24 hours, BTC/USDT has experienced a correction of -1.70%, dropping to a level of 103,354.55 after briefly touching local resistance at 111,980. Is this a sign of the end of the upward trend? Not necessarily. In fact, this could be an early signal for smart accumulation!

If we look at the 1H chart, the current price is still holding above the EMA 50 (100,899.41) and EMA 200 (91,363.35), indicating that the short-term trend is still technically bullish. This correction seems to be a healthy pullback after a sharp rally from a strong support level at 74,508.00 — which formed at the end of March 2025.

Interesting Facts:

The RSI(6) is currently at 29.62 — the oversold zone! This indicates potential short-term reversal.

24-hour volume reached 1.44B USDT, showing that market interest is still high despite the price correction.

As long as the price stays above the EMA 50 and does not break down below 100,000, the chances of a bounce are still wide open.

Conclusion: I see the entry opportunity at the current price range as quite interesting for scalping or short-term swing trading. The nearest target is at the previous resistance zone, which is 111,980. However, remain cautious, as if the EMA 50 support is breached, the price could retest the zone of 100,113 or even the 96,000s.

Advice:

Entry: 102,500–103,500 (oversold area)

Target: 110,000–112,000

Stop Loss: below 99,800

Do your own research, this is just my perspective.

The market is not a place for blind speculation. With the right technical analysis, we can make wiser and more strategic decisions. Keep educating yourself, as the market always provides opportunities — for those who are prepared!

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