🔹 Price Action
BTC is trading around $94,200, extending its bullish run after bouncing from the $81,700 zone. Price is consolidating just below the psychological $95,000 resistance, with signs of buyer exhaustion starting to appear.
🔹 Key Levels
📌 Resistance:
• $95,300 – Immediate local resistance (recent session high).
• $96,500–$98,000 – Major resistance zone from earlier April.
📌 Support:
• $93,800 – Minor intraday support.
• $91,000–$90,000 – Strong demand zone from the breakout base.
🔹 Volume
• Volume fading slightly after the push toward $95,000.
• No decisive breakout confirmed yet—needs strong volume.
💡 Scenarios
✅ Break above $95,300 → potential push toward $96,500–$98,000.
❌ Rejection under $95,000 → pullback to $93,800, possibly deeper toward $91,000.
🧠 To Monitor
• Funding rate slightly negative—shorts remain active.
• Sell walls thickening around $95,000–$95,500.
• Momentum indicators (RSI) starting to flatten = caution.
🚀 Takeaway
BTC is approaching critical resistance. A clean breakout needs strong volume—otherwise, a pullback could offer better entries.
📌 Not financial advice—DYOR and manage your risk carefully.