$BTC

📉 Price and intraday range

Current price: ≈ $103,464 USD, with a drop of nearly 1% since the opening.

Intraday range: fluctuates between $102,609 and $106,451.

🔄 Volatility and recent market movement

After rising to over $106,500 at the U.S. opening, BTC sharply fell below $103,000, causing approximately $450M in long position liquidations.

This price compression occurs amid a "triple witching" event (mass expiration of options), increasing nervousness in various markets.

📊 Brief technical analysis

BTC remains within a firm range between $103,000 and $106,500–107,000, consolidating in a triangular base with decreasing volatility.

Technical indicators:

RSI and MACD show mixed signals; MACD slightly bullish but still cautious.

Bollinger Bands and ATR indicate volatility contraction, anticipating a possible breakout.