📉 $BTC after a sharp jump, it is correcting and stabilizing🔥🔥🔥
Bitcoin soared to $94,588, but then there was a correction, and now the price is holding around $92,552.
📊 Main points from the chart:
BTC is trading near MA(7) and MA(25), but below local highs — the momentum has cooled.
MA(99) is below the price, so the medium-term trend is still bullish.
Volumes have decreased — the market has entered a phase of calm consolidation.
Support: $91,800–$92,000.
Resistance: $93,700–$94,500.
📈 Conclusion:
BTC is trying to stabilize after a sharp jump. To continue moving upward, it needs to return above $93.5K and update the local maximum.🔥🔥🔥
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
