$BTC /USDT Market Report
BTC is currently trading around $88,160.
Bitcoin has entered a correction phase, which is normal after a strong upward move. The price moved down from the $90,600 level and reached the $88,000 area. This move is healthy and does not indicate a market crash.
The market shows normal selling pressure, mainly due to profit taking. There is no sign of panic selling. Trading volume remains stable, and buyers are slowly returning, which has started a small recovery.
The main support zone is between $86,000 and $87,000, and this area is still holding well. As long as BTC stays above this zone, the overall trend remains positive.
On the upside, resistance is located between $89,500 and $90,600. A clear break above this area would support further upward movement.
In the short term, if BTC holds above $87,000, the price may move back toward $89,000 to $90,000. If the price drops below $86,500, the next support is expected around $84,000 to $85,000. The most likely scenario is sideways movement between $87,000 and $89,500.
Conclusion
This correction is normal and healthy. The market structure remains bullish while support holds. Traders should wait for clear confirmation before entering new positions.
