$BTC ALERT – The Bears Strike Again! Bearish Momentum Returns

#Bitcoin has just sharply rejected from $110,530.17 and is now trading at $108,644.67, showing signs of renewed bearish pressure. After a strong rebound from $105,318.37, buyers failed to hold the recent high, and now sellers are stepping in aggressively.

Market Summary:

24h High: $110,530.17

24h Low: $107,513.43

24h Volume: 19,985 BTC | 2.18B USDT

Key Levels to Watch:

Support Zone: $107,350 – $106,200 – if this breaks, watch for $105,050 again.

Immediate Resistance: $109,644 – bulls need to reclaim this to avoid a deeper correction.

Momentum Outlook: The 1-hour chart shows strong red candles with no immediate signs of reversal. If $BTC loses $107,350, expect increased selling pressure towards $106K.

What Traders Should Do:

Adjust stops if they are long.

Watch the $106K zone for a possible bounce or break.

Bearish sentiment building in the short term—patience is key.