General Status

Price: around 94.257 USDT

Trend: Clearly downward daily trend

Daily candle: Long red candle without wicks → Selling pressure is strong

Last dip: 93.677 USDT

EMAs:

EMA7 is above the price → indicates a downward trend in the short term

EMA25 is significantly above the price → indicates a downward trend in the medium term

EMA99 is much higher → macro structure has broken down.

This structure shows that the downward trend continues on the daily chart.

RSI (6 / 12 / 24)

RSI(6): 23

RSI(12): 29

RSI(24): 35

Daily RSI values are close to oversold. However, in a strong trend, RSI can remain at low levels for a long time. Therefore, it is not a reversal signal on its own.

MACD

DIF: -3890

DEA: -2985

MACD histogram: clearly red and trending towards expansion.

MACD has not yet given a reversal signal, the downward momentum continues.

Supports

93.680 → local dip visible on the chart

92.100 – 92.300 → main support zone

89.500 – 90.000 → will be a major breakout zone

Resistances

95.200 → first tiny resistance

97.000 – 97.500 → EMA7 + price block

100.000 – 101.000 → EMA25 zone → breaking this level would be the first sign of a trend change.

Scenarios

1) Bull Scenario (Positive)

If the price holds above 93.680 and daily closes are maintained above this level:

First target → 95.200

Upper target → 97.000 – 97.500 (EMA7 rejection zone)

There is a high likelihood of a sharp reaction in this range because RSI is overly low.

2) Bear Scenario (Negative) – More Likely

If 93.680 breaks and a daily close below comes:

Target → 92.100

Further down → 90.000

MACD still supports the downward momentum → hence the downward direction is more dominant.

For those looking to long:

Safest long zone: 92.000 – 92.500 (very high likelihood of a reaction)

Stop: 90.800

TP1: 95.200

TP2: 97.000

For those looking to short:

95.200 – 95.500 rejection → creates a short opportunity

Stop: 96.300

TP1: 93.700

TP2: 92.000

BTC daily chart continues to show a downward trend, but RSI levels increase the likelihood of a reaction rally.

The 93.680 level is critical.

If it breaks, a sharper decline is expected; if it holds, a short-term reaction may occur.