@fexuro.base.eth

After a sharp rejection from the 108,000 supply zone, BTC is currently attempting a relief rally toward the 103,000–104,000 region. However, as long as the price remains below this area, the overall market structure continues to favor the bears. The highlighted red zone represents a previous distribution area, which could act as a strong resistance if price revisits it. On the downside, we have potential demand zones around 98,900 – 97,000 and 92,400 – 89,700, which may serve as short-term downside targets if selling pressure persists. Overall, bearish momentum remains dominant until we see a clear break and close above 108K with volume confirmation. Traders should stay patient, avoid emotional entries during minor bounces, and manage risk carefully while the market defines its next direction. $BTCB

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