$BTC BTC/USDT
1. Short-Term Trend: The price is consolidating around the $100,000 psychological level. The RSI is neutral (around 50), indicating neither overbought nor oversold conditions.
2. Key Levels:
Resistance: $102,500 (recent local high).
Support: $99,000 (psychological level) and $98,500 (moving average line).
3. Potential Entry Points:
Buy Entry: Near $99,000-$98,500 with a stop loss below $98,000.
Sell Entry: Around $102,500 if resistance holds.
Monitor volume and market sentiment for better confirmation.