#CryptoMarketPullback #CryptoMarketPullback | Bitcoin (BTC) Update

Bitcoin is experiencing a controlled pullback after failing to hold above key resistance.
📉 Price Snapshot • Current price: ~$92,500
• Local high: ~$94,800
• Local low: ~$91,900
• Peak-to-trough move: ~3.1%
🔍 What’s Driving the Pullback?
1️⃣ Miner Selling Pressure
BTC is trading below estimated mining costs (~$101K), forcing some miners to sell reserves to cover operational expenses.
2️⃣ Institutional ETF Outflows
~$394M in Bitcoin ETF net outflows signal short-term risk reduction and profit-taking by large funds.
3️⃣ Macro Risk-Off Sentiment
U.S. tariff headlines triggered broader market fear. Nearly $4B BTC sold within one hour as leverage and algos amplified the move.
4️⃣ Technical Weakness
• Rejection near $95K resistance
• Bearish MACD
• RSI oversold
• Fear & Greed Index: 44 (Fear)
📊 Market Structure • Spot selling: Moderate
• Derivatives: Long liquidations dominant
• Liquidity: Thin
• Volatility: Rising but controlled
This looks more like leverage unwinding than long-term holders exiting.
🔑 Key Levels • Immediate support: ~$92,300
• Major support: $90,000–91,800
• Resistance: $94,800–95,500
🧠 Outlook Oversold does not equal reversal. In weak trends: • Relief bounces can fail
• Confirmation matters more than prediction
📌 Oversold conditions may attract buyers
📌 Downtrend risk still active
📌 Discipline > FOMO
Stay patient. Stay risk-aware.