$BTC ‌BTCUSDT Market Update (1H Timeframe)

Current Situation
BTCUSDT is trading around 79,250 after a sharp drop. The price recently dipped to a low near 78,116 and reacted slightly. The market remains under pressure, but short-term selling seems stretched. This area is crucial for the next move.

Key Price Zones
Major Resistance Zone
84,600 to 85,500
This zone served as strong resistance before the breakdown. A return to this area may face heavy selling.

Near-Term Resistance
80,700 to 81,200
The price needs to reclaim this zone to reduce bearish pressure. Without a reclaim, any upside remains limited.

Mid-Range Zone
82,500 to 83,500
This was previous support. It may now act as resistance if the price returns.

Major Support Zone
78,000 to 78,300
This is the recent low and a strong demand area. Buyers responded here, making it an important level to watch.

Breakdown Risk Zone
Below 78,000
A clear break below this level would weaken the market structure further.

Bullish Scenario
Price holds above 78,000
A base forms near current levels
Possible upside targets:
First: 80,700
Then: 82,500
This scenario requires time and stable price action.

Bearish Scenario
Price fails to hold 78,000
Selling pressure increases
Downside risk opens below recent lows
This would confirm a continuation of the downtrend.

Summary
BTCUSDT is near a key support zone. If it holds, we may see a short-term bounce. A breakdown would keep the market weak. Let the price confirm its direction before making decisions.