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$BTC BTC is under short-term pressure after a strong rejection from the higher zone. The recent move shows sellers are active, but price is now approaching a key demand area where buyers usually step in.
On the 1H timeframe, the structure looks bearish-to-neutral. Momentum slowed near support, which often leads to a short consolidation or a technical bounce.
Multi-timeframe view:
Short term (1H–4H): Weak momentum, price reacting near support
Mid term (1D): Trend still healthy as long as major support holds
Momentum tools: Oversold signals are starting to appear, hinting at a possible relief move
What to watch next
A hold above support may lead to a bounce toward resistance
A clean break below support could bring more downside before recovery
This is just a personal market view, not financial advice. Market can change anytime.