#BTC☀ Looking at the current BTC/USDT chart, a few indicators and levels are noticeable:

1. Moving Averages: BTC is trading near the 99-period moving average (purple line), which could act as a support or resistance level.

2. Recent Price Movement: There has been a recent pullback from the high at 93,265, and the price has shown some support around the 85,000 level.

3. Volume and Momentum: The market sentiment appears slightly bearish (57.61% sell vs. 42.39% buy).

Suggested Action:

Sell Position (Short)

Entry:

If the price struggles to hold above the 99-period moving average or shows weakness, consider a short position.

Stop-Loss:

Place the stop-loss slightly above the recent high around 93,500 to protect against a sudden upward breakout.

Target:

Set a target around the 85,000 support level or lower if bearish momentum strengthens.

Alternative:

If BTC reclaims the 90,000 level and sustains above the moving averages, a long (buy) position could be considered with a stop below the 85,000 support level.