$BTC this is what happened.

From your 1-hour BTC/USDT chart, here's a breakdown of the current market structure and what may happen next:$BTC

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### ✅ Current Observations:

1. Price Rejected at 0.618 Fibonacci Level (106188.75):

* This level is acting as strong resistance and aligns with the lower edge of an upper FVG zone.

* Price tapped into this zone and is showing signs of slight rejection.

2. Earlier Bounce from FVG (Green Zone):

* Price respected a bullish Fair Value Gap and showed a strong impulse upward from that demand area.

* That zone (around 104,200–104,500) is your support.

3. Current Candle:

* The current candle is large and bullish, but entering high resistance territory (106,000–106,700).