$BTC /USDT – Heavy Pressure Mounts, Eyes on $97K and Below
$BTC is showing clear signs of weakness after a sharp move down, with nearly 75% of the 24h dump happening in just the last few hours. The momentum has shifted bearish, and further downside looks likely unless a strong reversal occurs.
Market Snapshot:
24h High: $103,640
24h Low: $99,036
Current Price: ~$99,500
Immediate Support: $97,000
Target Zone 1: $97,000
Target Zone 2: $93,000
Extended Bear Case: $88,000 (if macro conditions worsen)
Trade Setup (Short Bias):
Entry Zone: $99,500 – $101,500
Target 1: $97,000
Target 2: $93,000
Stop Loss: Above $103,700
Geopolitical tension, especially war-related news, could accelerate the downside. A hard dip to $88K is not off the table if conditions deteriorate. Brace yourself — this could be a rough ride. Stay cautious, manage risk, and be ready to buy the dip when strong support zones kick in.