when the confirmation comes

🚨 BTC/USDT Market Analysis & Decision!



Current Market Overview:
$BTC is displaying high volatility across the 15-minute and 1-hour charts, with significant price movements likely driven by market manipulation or large liquidations:

Current Price: $97,134.52 (-2.51%)

24h High: $100,421.80

24h Low: $94,150.05

Order Book Imbalance: On the 15-min chart, 60.4% bids are dominating, while the 1-hour chart shows an almost negligible 1.01% bids, reflecting weak buying pressure.

Analysis:

1. Key Support Levels:

First Support: $94,150 (recent 24-hour low).

Second Support: $93,000 (psychological barrier).

2. Key Resistance Levels:

First Resistance: $98,500 (mid-range resistance).

Second Resistance: $100,000 (strong psychological level).

3. Market Sentiment:
The price action and imbalance suggest large players may be trying to liquidate smaller traders by manipulating key zones. The sharp drops could trigger stop-losses for retail traders, followed by a recovery bounce.

Recommendation:

For Buyers: Wait for confirmation of a bounce near $94,000-$94,500 support. A strong reversal candle on the 15-min or 1-hour chart could signal a buy opportunity.

Target 1: $98,500

Target 2: $100000

For Sellers: If the price fails to break $98,500 resistance and shows weakness, consider shorting.

Target 1: $94,500
Target 2: $93,000

Final Decision:
At the current price of $97,134, wait for confirmation before entering. Buyers should look for a bounce near $94,500, while sellers can short near $98,500 resistance. Stay cautious and set strict stop-losses to manage risk!
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