$BTC

BTCUSDT is currently showing bearish signs. Here's a breakdown :

- *Current Price*: $116,133.93, with a -1.72% change in the last 24 hours

- *Short-term Trend*: Strongly bearish, with 92.86% of moving averages indicating a bearish signal

- *Technical Indicators*: 17 out of 18 technical indicators are bearish, with the RSI and CCI indicators in oversold territory, suggesting potential for a short-term rebound

- *Support Levels*: $110,000-$111,909 is a critical support zone, with further support at $74,479.65 and $73,074.27

- *Resistance Levels*: $81,798.69 is a key resistance level, with further resistance at $84,087.23

*Possible Scenarios:*

- *Bearish Continuation*: BTCUSDT could continue its downward trend, targeting lower support levels

- *Short-term Rebound*: The oversold RSI and CCI indicators suggest potential for a short-term rebound

*Key Statistics:*

- *Market Cap*: $2.36 trillion

- *Trading Volume*: $75.40 billion in the last 24 hours

- *All-time High*: $123,236