The crypto market opened today with high volatility following geopolitical tensions and macroeconomic uncertainty. Bitcoin (BTC) briefly dipped below $99,000, sparking a cascade of liquidations and shaking market sentiment. While prices have partially recovered, the big question for traders remains: Is this a dip to buy, or a sign to short?
🔍 Current Market Conditions
BTC Price: ~$100,500 (as of writing)
24h Range: $98,460 – $102,400
24h Liquidations: ~$647 million
Dominant Sentiment: Mixed (Fear-Greed Index tilting neutral-fear)
Key Events:
Rising geopolitical tensions (Middle East)
Whale accumulation of $113M in ETH
Regulatory clarity in the U.S. (GENIUS Act)
📈 Technical Outlook
🔸 Support Levels:
$98,000 – Psychological and technical support zone
$95,200 – Previous breakout zone
🔸 Resistance Levels:
$103,000 – Short-term resistance
$110,000 – Next major breakout level
🔹 Indicators:
RSI: Near 45, suggesting neutral/bearish zone
MACD: Shows weakening bullish momentum
Volume: Spiking during dips—indicating buying interest at lows
