$BTC

**1. Technical Analysis:**

TIME FRAME 1H:

- BTC is in a short-term downtrend, decreasing from 97,200 to 96,600

- RSI 6H = 22.51, RSI 12H = 31.6 indicates the market is heavily oversold

- MACD is giving a bullish divergence signal

- Trading volume has increased significantly as prices drop

TIME FRAME 4H:

- Mid-term downtrend, decreasing from 104,000 to 96,600

- RSI 4H = 34.2 indicates an oversold region

- Bollinger bands are narrowing, indicating a potential breakout

- OBV shows selling pressure is gradually decreasing

**2. Scenarios in the next 4-24 hours:**

Scenario 1 (Probability 60%):

- BTC may test the area of 95,000-95,500 in the next few hours

- After that, it could recover to 98,000-99,000 within 24 hours

- Confirmation signs: RSI forms a bottom and bounces up, volume increases as prices recover

Scenario 2 (Probability 40%):

- BTC continues to drop to 94,000-94,500

- Sideways accumulation in the range of 94,000-96,000

- Confirmation signs: RSI continues to decrease, volume increases significantly as prices drop

**3. Trading Recommendations:**

LONG:

- Should not long at the current time

- Wait for the price to test the area of 95,000-95,500 and show signs of bouncing

- Stop loss: 94,500

- Take profit: 98,000-99,000

SHORT:

- No recommendation to short as the market is heavily oversold

- High reversal risk

**Best Entry Points:**

- Long in the area of 95,000-95,500 if signs of a bounce are observed

- RSI forms a bottom and bounces up

- Volume increases as prices recover

- Bollinger bands expand in the upward direction