BTC/USDT (4H Analysis)Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PInnovationCapitalBTC/USDT (4H Analysis) – Price: 102,530 USDT (-0.75%) Market Structure Bitcoin remains in a bearish market structure on the 4-hour timeframe, forming a sequence of lower highs and lower lows. The recent rebound from the 100,000–101,000 USDT demand zone (green area) shows short-term bullish relief, but the broader trend continues to point downward. The Premium zone (around 114,000–116,000 USDT) remains a major supply area where strong sell pressure was confirmed multiple times. Current price is trading below the 50 EMA (white) and 200 EMA (yellow), both sloping downward — confirming momentum remains bearish. Key Levels Resistance Zones 103,000–104,000 USDT: Near-term resistance (PDH region) 106,000 USDT (PWL) → mid-range equilibrium resistance 109,900 USDT (200 EMA) → strong bearish continuation zone 114,000–116,000 USDT (Premium Supply) → Major sell zone / “Strong High” Support Zones 102,000 USDT (PML) → minor support, currently being retested 100,000–101,000 USDT (PDL / Demand Zone) → key support and possible bounce area Below 100,000 USDT: potential liquidity grab / panic sell zone Indicators Stochastic RSI is entering the overbought region (84.9–77.9), signaling potential bearish reversal pressure soon. Momentum divergence visible between recent lows suggests short-term recovery might continue before the next leg down. Technical Outlook Structure: Bearish Short-term move: Likely pullback to 103,500–104,000, then potential rejection Mid-term bias: Bearish continuation toward 100,000 USDT Invalidation of bearish bias: 4H close above 106,000 USDT Correlation Summary DXY → bullish and near resistance (USD strength = bearish for BTC) USDT Dominance (USDT.D) → rising and consolidating (money flowing into stablecoins = bearish for BTC) BTC/USDT → rejected from resistance, following macro bearish momentum 📉 Conclusion: The market remains risk-off. As long as BTC stays below 106,000 USDT, expect continued bearish pressure with potential tests toward 100,000 USDT. Only a sustained break above 109,000–110,000 USDT would shift momentum back to bullish territory