The price has dropped sharply from the 106,457.44 USD level due to a strong seller reaction. The local minimum was established at 101,560 USD.
The current market situation is characterized by thin weekend liquidity, which increases the likelihood of a short-term decline into the 95,000–100,000 USD range. Following this, strong buying activity is expected, potentially pulling the price back above 100,000 USD.
Invalidation of this scenario: If the price returns above 104,200 USD, this bearish scenario would be invalidated, and the market could shift toward a bullish trajectory.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice or a recommendation. All trading decisions should be made at your own discretion and responsibility.