$BTC
📊 Technical Analysis for #Bitcoin against USDT
In the last 24 hours, the BTC/USDT pair has seen notable fluctuations:
- 🔻 Current price: $103,294.99 down %1.19
- 🔼 Highest price: $106,524.65
- 🔽 Lowest price: $102,345.00
- 🔁 Trading volume: 1.69 billion USDT and 16,186.98 BTC
🧠 Key technical indicators:
- RSI indicates the beginning of a sell saturation, which may pave the way for a near-term upward rebound
- MACD shows a negative crossover, reflecting continued selling pressure in the short term
- The MA60 moving average is inclined to decline, indicating weakness in the upward trend
📌 Current support point: 102,345
📌 Next resistance: 106,000 then 107,200
🎯 If the price remains below the 103K level, we may see a new test of support. However, if it returns above 106K firmly, bullish momentum may return strongly!
🚨 The analysis is not considered financial advice, but rather a technical perspective on current developments.
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