$BTC

As a novice financial analyst, I see a clear downward trend in the BTC/USDT price on the chart over the recent period. It is noticeable that after reaching a local maximum around 108.353, the price has entered a downtrend. The downward crossing of the MA(7) and MA(25) moving averages may signal a weakening of demand, which is confirmed by the increase in trading volumes on the downside.

The nearest support level is located at 90.500, and if this level is broken, the price may continue to fall. On the other hand, the return of the price above the MA(25) at around 99.944 may indicate a change in investor sentiment and the potential start of a recovery.

In my opinion, the market is currently in a state of uncertainty, which often happens after strong price fluctuations. Investors should be careful, especially if there are no clear signals of a trend reversal. I recommend monitoring support and resistance levels, as well as taking into account fundamental factors that may affect further movement.