#PriceTrendAnalysis 📊 #Bitcoin Market Analysis

Currently, $BTC is trading around key support and resistance levels, shaping the market's short-term direction:

Support Levels:

200-Day SMA: $82,314 – A crucial long-term support indicating overall trend stability.

Realized Price (STH 3M-6M): $79,290 – A level where short-term holders (3-6 months) have their average cost basis, potentially acting as a strong support zone.

Resistance Levels:

Realized Price (STH 1W-1M): $97,478 – A key resistance where short-term holders (1 week to 1 month) could start taking profits.

Realized Price (STH 1M-3M): $99,395 – A critical barrier; breaking above this could signal bullish momentum and potential price discovery.

#PriceTrendAnalysis

Bitcoin remains in a consolidation phase between these levels. A break above $97,478 could trigger further upside movement, while failure to hold $82,314 might lead to increased selling pressure. Traders should watch these levels closely for trend confirmation.