🔎 Current Technical Condition

Major trend: still downtrend (lower high & lower low haven't been broken)

However, in the short term: there is a rebound / relief rally from the demand area

Current price is around 93K, after a bounce from ±89K

📈 Important Area

Strong support:

89,000 – 88,500 → key support (if broken, bearish continues)

Nearest resistance:

95,000 – 96,000

Heavy zone: 100,000 – 104,000

Major resistance: ±108,000 (upper green line)

🔮 Next Movement Scenarios

✅ Bullish Scenario (short term)

As long as the price remains above 89K

Bounce targets:

95K

then 100K

Strong bullish confirmation if 4H close is above 96–100K

❌ Bearish Scenario

If 89K is breached & 4H close is below it

Potential further drop to:

86K

even 82K $BTC #BTC🔥🔥🔥🔥🔥

BTCUSDT

Perp

92,312.9

-0.83%