📊 **BTC/USDT Market Update**
🔴 **Bearish Momentum Continues**
BTC is currently trading around **$62,385** and remains below the key moving averages on the 5-minute timeframe.
📉 **Market Structure**
• Price is making lower highs and lower lows
• MA(7) < MA(25) < MA(99)
• Bears remain in control
🎯 **Key Levels**
🔹 Resistance: $62,500 - $62,850
🔹 Support: $61,938
⚠️ If BTC loses the $61,938 support zone, further downside pressure may follow.
💡 **Trading Tip**
Wait for confirmation before entering a trade. Avoid FOMO and always use proper risk management.