$BTC

is experiencing a short-term correction after reaching a recent high near $111,000. The 4-hour chart shows a pullback towards the support zone of $105,000, where buyers are beginning to intervene. A small green candle suggests a possible stabilization. If BTC remains above this level, a new test of the resistance at $110,000 is likely to occur. However, a break below $105,000 could trigger a deeper drop towards the psychological support of $100,000.

Overall, the medium-term trend remains bullish, but caution is advised in the short term.