$BTC 🧭 Market developments

• Slightly decreased by ~0.7–0.9% in the past 24 hours, currently trading around 102,300–102,500 USD depending on the exchange .

• Daily high-low: fluctuates from around 101,100 USD to 104,000 USD.

• Trading volume continues to remain high, around 38–39 billion USD, reflecting strong liquidity.

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🔻 Short-term trend

• Current judgment shows that selling pressure from the end of last week is still present, negative psychological signs (bearish) are dominant .

• Futures derivatives positions are tilted towards the short side, with the long/short ratio below 1 since June 17, suggesting further downside .

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📌 Support & Resistance

• A key support zone around $102,470 – if it holds, the price could rebound to $104,800–$107,200 next week .

• A break of this zone could see a drop to $100,000 or lower