2026-01-01 15:26:29

BTC is showing interesting price action on the daily timeframe right now. After a sustained downtrend, momentum has eased up noticeably. What's catching attention is how price broke through the short-term descending trendline and is now consolidating in a compressed range.

The key here is the order block sitting at a lower level—it's functioning as a legitimate demand zone. Buyers have been stepping in repeatedly at this level, which signals real institutional or accumulated retail interest. This kind of price behavior typically precedes a more decisive directional move, especially when you see this convergence of technical levels and buying pressure.

BTC1.18%

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