**$BTC
Price Action Update**
Bitcoin continues to show unstable behavior around the **88,000** zone, failing to establish a solid base. Bounce attempts remain shallow and are not supported by meaningful volume.
The highlighted **purple zone** on the chart represents a strong supply area that price has not been able to reclaim.
**Key levels in focus:**
• **89,000 – 94,000:** Major overhead resistance
• **84,400:** Critical demand level
A breakdown below **84,400** would likely accelerate sell-side pressure and extend the downside move.
**Market structure signals:**
• Overall direction remains bearish
• The distribution/top pattern appears finalized
• No confirmed reversal indicators at this stage
Current rallies look more like **de-risking and exit moves**, not genuine accumulation phases.
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