$BTC
Based on technical analysis and market data, I assess the possibility of BTC falling to 95,000 as follows:
There is a 70% chance that BTC will fall to 95,000 because:
Technical reasons:
Price is in a strong downtrend from the top
MA lines have been broken and are pointing down
No signs of bottoming from momentum indicators RSI and Stoch RSI
Money flow reasons:
Money is still withdrawing (-5.14K BTC in 24h)
Selling pressure from large orders accounts for 45.19%
Sell volume > buy (2.11K vs 1.27K BTC)
Market structure:
The 95,000 zone is an important psychological support zone
There is not enough demand to reverse the trend
Market sentiment is negative
However Note:
If there is a strong buying reaction in the 96,000-97,000 zone
Or there is unexpected positive macro news
Then the deep decline scenario may be canceled
Recommendation:
You can place a buy order slowly in the 95,000-96,000 zone
Set a stoploss below 94,500 to protect capital
Do not go all-in on one order but split the order