#MarketSentimentToday
BTC- The current sentiment appears bearish to neutral:
Downtrend Continuation: BTC is trading below key moving averages (EMA/SMA), with continued lower highs and lower lows.
Rejection Zones: Multiple strong resistance zones are clearly marked between $10500–$10650, showing repeated rejection attempts.
Volume Spike on Drop: A significant sell volume occurred around June 13, indicating strong bearish pressure.
Support Testing: Price is hovering just above a recent support zone (~$10450), with weakening buying momentum.
If BTC fails to hold this support, further downside is likely. A break above resistance levels and reclaiming the moving averages would be needed to shift momentum bullish again.