#BTC Update

BTC retraced after failing to break above the 31 300-31500 range. The current trend shows weakening downside momentum and potential for a rebound. #Market sentiment remains uncertain, resulting in frequent reversals.

A cautious approach with a preference for short positions is suggested in the 29800-31 1 00 range. Stay alert to potential breakout levels for profit-taking and #stop -#loss .#BinanceLaunchpool #cpi #bitcoinhalving #Memecoins #FET