BTC/USDT Analysis. Testing the Lower Boundary of the Range

Hello everyone! This is the trader-analyst from CryptoRobotics, and here’s your daily analysis.

Since Monday, Bitcoin has moved exactly as expected — heading lower and testing the $105,600–$104,500 support zone (volume anomalies).
Volumes spiked sharply, and some selling pressure was absorbed, but on the second test, the price slid through the level almost effortlessly.

At the moment, Bitcoin is testing the lower boundary of the global range $102,000–$116,000, where we’re observing strong volume anomalies that have triggered a short-term correction.
However, this reaction alone is not enough for a full reversal.

We expect a retest of the push-volume zone $103,700–$106,700, from where seller pressure may resume, leading to a move toward ~$101,000.
Only if that zone shows strong buying defense can we consider long entries.
For now, the bias remains bearish — the market seller is weak, but the price continues to move downward by inertia.
If the $101,000 level fails to hold, the next downside target lies at $97,000–$93,000.

Buy Zones:
• ~$101,000 (volume anomalies)
• $97,000–$93,000 (volume zone)

Sell Zones:
• $103,700–$106,700 (push volumes)
• $109,500–$110,700 (accumulated volumes)
• $112,400–$113,300 (accumulated volumes)
• $114,700–$115,700 (accumulated volumes)
• $120,900–$124,000 (volume zone)

This publication is not financial advice.