BTC/USDT Update – GigaAlgo SMC | May 6, 2025

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Price action continues to respect the previous analysis — BTC remains in the premium zone, now showing clear rejection with back-to-back bearish candles. Although overall sentiment remains labeled as BULLISH, the multi-timeframe JASMINN AI and Regression tools reflect short-term downside momentum, especially below the 94K zone.

Key updates:

94K has turned into immediate resistance — failure to reclaim could signal a deeper pullback.

Support at 93K remains critical. If that fails, BTC may retrace to the equilibrium zone around 85K, consistent with earlier charts.

Watch for volume shifts — bearish volume is now increasing (25%), reflecting stronger sell-side interest.


Structure Breakdown:

BOS (Break of Structure) has been followed by a lower high, hinting at a potential shift if a lower low forms next.

Still within the overall bullish market structure, but correction looks imminent unless bulls step in above 94.5K.


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