BTC market snapshot

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BTC market snapshotBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PJuliiaBTC level at 108K is key. It’s the main trendline of the entire rally, with the psychological 100K level nearby and the 200-day MA in that zone. The 200 MA on the daily timeframe is currently holding, but the MACD divergence on the monthly chart suggests limited strength. Indicator signals are not predictions — they only reflect weakness of one side or another. 100K is not a strong support; a breakdown is possible, potentially even toward the 80K area if 108K doesn’t hold. I’m holding short positions only.