Bitcoin has slipped below the EMA200 on the daily chart, signaling structural weakness.
The 108K area, which once acted as strong support, now stands as a major resistance zone.
Volume remains low while selling pressure is gradually increasing, suggesting that the market is still in a corrective phase.
At the moment, BTC is fighting to hold the 100K region, searching for balance.
Rather than rushing into long or short positions, this is a time to observe how price behaves around these critical levels.
The 96K zone continues to serve as a key short-term support.
In a broader scenario, the 82K region represents a major liquidity cluster left from the 2024 bull rally.
If price extends lower, such a move would likely be part of a liquidity-sweeping correction rather than a full-scale trend reversal.
Market interest has cooled down, and participants appear more defensive and risk-averse.
Short positioning remains dominant while capital flows are shifting to the sidelines —
so far, there are no clear signals of a bottom or short squeeze emerging yet.
Nevertheless, the liquidity pockets left from 2024 remain dense, hinting at a potential reaction zone once sell-offs lose momentum.
For now, the trend stays in correction mode.
If a solid bounce emerges from these levels, BTC could revisit the 108K resistance area in a relief rally.
Until then, the structure favors patience and defensive positioning.
📉 Not financial advice. Always do your own research. DYOR.
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