$BTC is currently trading at $95,071.98, showing continued weakness after hitting a 24-hour low of $94,876.88. The 15-minute chart highlights a strong downtrend, with BTC struggling below the MA(25) at $96,205.55. A potential relief bounce could face resistance near $95,450-$96,200, while further downside risks remain if BTC fails to hold above $94,800. The volume spike suggests buyers are attempting to stabilize the price, but momentum remains bearish. Traders should watch for a break above $96,200 to signal a possible trend reversal.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC #ETH #GateioInto11 #ContentStar
$BTC is currently trading at $95,071.98, showing continued weakness after hitting a 24-hour low of $94,876.88. The 15-minute chart highlights a strong downtrend, with BTC struggling below the MA(25) at $96,205.55. A potential relief bounce could face resistance near $95,450-$96,200, while further downside risks remain if BTC fails to hold above $94,800. The volume spike suggests buyers are attempting to stabilize the price, but momentum remains bearish. Traders should watch for a break above $96,200 to signal a possible trend reversal.