The continuous decline of $TUT is not coincidental; both the technical indicators and the capital flow data point to the continuation of a bearish trend. The hourly timeframe shows a bearish order book setup alongside shrinking trading volume, indicating that the bulls lack follow-through momentum. On-chain data shows that large holders have net sold alongside a high funding rate, further intensifying bearish pressure. The current price is hovering near the lows, and both trading volume and open-interest structure indicate a pessimistic market sentiment. If the bears can successfully break through the key support, further downside space will open up.
$BTC

📊 Technical Analysis:
Current Price: 0.0837 USDT
🟢 Support: 0.0613 (Distance from 1H benchmark: 25.92%)
🔴 Resistance: 0.1075 (Distance from 1H benchmark: 29.95%)

$TUT