🟠 BTC continues sideways trading in the range of $102K–$111.9K: altcoins remain stable, but the risk of correction persists 💹

📊 Technical picture:

Bitcoin remains within a broad consolidation with boundaries of $102,000 — $111,900.

🔸 As long as the price stays above the support of $102K, the potential for growth and an exit to the upper boundary of the range remains.

🔸 Altcoins demonstrate relative strength, confirming the local resilience of the crypto market.

⚠️ However, a downward breakout will open the way for a deeper correction — down to $98K–$92K.

📌 Key levels:

🔻 Support:

• $102,000 — a critical zone, the retention of which determines the further direction.

• $98,000–$92,000 — a likely area for stopping the decline and forming a reversal.

🔺 Resistance:

• $105,700 — a local level, a breakout of which will confirm the resumption of bullish momentum.

• $111,900 — the target in the event of upward movement and the upper boundary of the range.

📈 Movement scenarios:

🔹 Holding above $102K → likelihood of growth to $105.7K and further to $111.9K

🔹 Breakout and consolidation below $102K → scenario of decline to $98K–$95K