BTC/USDT – Short-Term Outlook (1H Chart)

Bitcoin is currently trading around $92.8K, consolidating after a sharp impulsive drop followed by a reactive bounce. The structure on the 1-hour timeframe remains weak below resistance, with multiple rejections visible in the $94K–$96K supply zone. This area continues to cap upside momentum, indicating sellers are still in control at higher levels.
The sell-off was accompanied by a noticeable volume spike, suggesting distribution and stop-hunts rather than healthy pullback buying. The rebound that followed appears corrective, as price failed to establish higher highs or strong continuation.
On the downside, key demand zones lie at $89K, $88.2K, and $86.9K. A loss of $92K could accelerate a move toward these levels. Overall bias remains range-to-bearish unless price reclaims and holds above $94K with volume confirmation. Risk management is crucial in this zone.