$BTC

Based on the chart you uploaded, here is the interim analysis:

1. Timeframe 1H:

There is significant selling pressure after the price peaked around $108,366. The price is currently trying to hold on to the support level around $99,877.

The RSI (6) shows a level of 42, which is approaching the oversold area on this timeframe.

Trading volume increased in the last bearish candle, indicating quite strong selling pressure.

2. Timeframe 1M:

On the weekly timeframe, the price is still in a bullish trend, but the RSI (6) is at the level of 75.65, which is approaching overbought. This indicates a potential short-term correction.

The price is currently approaching the middle Bollinger band ($73,446), which could be an important support area if the price corrects.

3-Day Movement Direction Prediction:

Bullish Possibility (Up): If support at $99,877 holds and buying volume increases, then BTC has the potential to rebound to the $103,000–$105,000 area.

Bearish Possibility (Down): If the $99,877 level is broken through with heavy selling pressure, then the price has the potential to fall to the next support at $93,750 or lower at $90,000.

Recommended Open Positions:

Long Scenario:

Entry: $100,500 (confirmation if price breaks through the nearest minor resistance).

Target Profit: $105,000–$107,000.

Stop Loss: $99,000.

Short Scenario:

Entry: $99,500 (after price breaks through support at $99,877 with heavy volume).

Profit Target: $94,000–$93,500.

Stop Loss: $101,000.

Note:

Be sure to monitor volume, RSI, and confirmation candle patterns before entry.

The crypto market is highly volatile, so use leverage wisely and manage your risk.