๐Ÿ“‰ Bitcoin falls to $103,157!

Recent action has $BTC down -1.32%, with a daily low of $102,345. Overall the market sentiment is cautious to adverse, with uncertainty in the macro landscape and tightening liquidity breathing over the market.

๐Ÿ” Technical Indicators:

๐Ÿ“Š 7-Day MA: Continuing bearish divergence below short-term moving averages.

๐Ÿงพ Order Book: Buyer interest is underwhelming at 25.74%; the book is heavily weighted to the ask side.

๐Ÿ“‰ Volume is still relatively high at 16,391 BTC, suggesting some market participation exists - even through this correction.

Is this a dip - or the beginning of a much deeper retrace?

๐Ÿง  Smart traders are watching key supports at $102,000 and lower with focus on the FOMC and wider global economic signals.