🚨 $BTC Alert: Market Cooling or Just a Breather? 📉📈

Bitcoin's latest 1H chart tells a story of cautious sideways action following a dramatic rollercoaster earlier in the month. After peaking near $110,680, BTC has slipped into a tight consolidation range around $103,800, leaving traders wondering: is this accumulation before the next breakout or a cool-off phase before further correction?

🔍 Key Takeaways from the Chart:

📉 Price Action:

Recent price shows lower highs and lower lows, hinting at short-term bearish sentiment.

Strong support around $100,410 has been tested but held firm—buyers stepped in fast.

📊 Moving Averages:

The 7MA has crossed below the 25MA and remains below the 99MA—a bearish crossover.

All three MAs are currently flattening, suggesting indecision or a possible reversal brewing.

💡 MACD Analysis:

The MACD line is about to cross the signal line upward—bullish divergence?

Momentum histogram is rising slowly, hinting at fading bearish pressure.

📈 RSI Check:

RSI(6) has bounced from oversold levels to ~61, indicating a possible recovery attempt.

RSI(24) is stable around 46–50, showing neutral sentiment.

📉 Volume:

Declining volume confirms market indecision. We're seeing neither panic selling nor FOMO buying.

⚖️ Bottom Line:
We're sitting in the calm before a storm. The range between $100K and $105K could act as a launching pad—or a trap. If BTC breaks above the 99MA and clears $105,500 with volume, it could be the signal bulls are waiting for. If not, a retest of the $100K support may be imminent.

🎯 Strategy Tips:

Swing traders: watch the MACD crossover + RSI levels for entry signals.

Day traders: focus on support/resistance plays inside this tightening channel.

Long-term holders: nothing's broken structurally—volatility is the price of admission 🚀

🧠 Stay smart. Stay patient. And most importantly—zoom out when in doubt.