$BTC /USDT Analysis: Sharp Breakdown Below $96,000 ... A Big Loser ... Really huge Dump from $99,900 to $95,500 ...

#BTC has plunged to $95,636.37, shedding 2.63% in the past 24 hours, and hitting its daily low after failing to sustain momentum near the 24-hour high of $99,963.70. The psychological level of $100,000 remains a strong resistance, with increased selling pressure accelerating the drop. Trading volumes are notably high at 18,914.82 BTC, highlighting heightened activity as bearish sentiment dominates.

Technically, the MACD indicates strong bearish momentum, with no immediate signs of recovery. If BTC fails to stabilize above $95,000, further downside could lead to a test of $93,500. On the upside, a recovery above $97,000 is critical to regain bullish momentum. The sharp correction serves as a reminder of heightened volatility, urging traders to implement tight risk management strategies.