$BTC Bitcoin is currently trading around $89,700, down 1.13% in the last 24 hours. The market made a daily low at $87,976, followed by a small recovery, but overall price action still remains under pressure.

๐Ÿ” Key Observations:

The 1H chart shows a sharp dump earlier, followed by sideways movement.

Buyers reacted at the low, but momentum is still weak.

Order Book shows Sell Orders (64%) dominating Buy Orders (35%) โ€” meaning sellers are in control.

24h High: $91,445

24h Low: $87,976

๐Ÿ“‰ Market Structure:

A broken higher-low and continuous downward candles indicate a bearish trend. Despite a bounce, the structure hasnโ€™t turned bullish yet.

๐Ÿ“Œ Key Levels:

Support: $88,000 โ€“ $87,900

Breaking this zone may push BTC toward $86Kโ€“$85K.

Resistance: $90,500 โ€“ $91,000

BTC must reclaim this zone for any meaningful upside.$BTC #BTC