Market dynamics are shifting quickly, as Bitcoin’s price drops to around $93,700, with a slight bearish trend evident on the one-hour chart and weakening momentum observed over the four-hour timeframe. The daily trend remains bearish, while the broader weekly structure is also bearish. Bitcoin’s RSI stands at an oversold territory of 30.51, indicating potential for a shift in momentum. However, the MACD suggests sustained bearish sentiment. Trading volume has remained steady, confirming sustained selling pressure, and the volatility index (HV10) indicates heightened risk. 94,400 and 95,000 are key resistance levels to watch, while support is around 93,000 and 92,000. The EMA Stack offers insight with EMA20 at 107,077.56, EMA50 at 109,934.34, and EMA200 at 107,482.00. For traders, the short-term setup favors caution with potential buying opportunities if price holds above $94,400 or rebounds from $93,000. A daily close beyond these zones could further propel the price toward $95,000. However, failure to defend support levels may trigger a pullback to $92,000. Macro sentiment remains bearish, mirroring trends across major cryptocurrencies such as Ethereum and other market players.