$BTC Update — Bounce or Bulltrap?

After dipping to $106,600, BTC shows a cautious bounce but don’t get too excited yet.

On the 4H chart, volume is fading on the recovery, and price is struggling to break through the $107,933 resistance zone, a classic hesitation level for buyers.

MACD on the 1H timeframe just flipped positive (65.18), giving bulls a bit of hope.

However, on the daily, momentum is still weak, and the previous high at $111,080 remains untouched.

RSI hovers between 47 and 52, indicating no clear dominance.

Current setup:

Long — only if BTC confirms above $108,000 with strong volume.

Short — if rejection happens again at $107,933, aiming back toward $106,600.

BTC right now is like your friend who says they’ll hit the gym Monday but ends up at McDonald’s. Don’t trust the move without confirmation.