#BTC#

Let's analyze the 6-hour Bitcoin/USDT chart on the chart.

Overview and Current Situation:
* Pair: BTC/USDT (Bitcoin - Tether stablecoin)
* Current Price: 103,396.7 USDT
* 24-Hour Change: -1.85% (Showing that the price is falling)
* 24-Hour High/Low: 105,910.7 / 103,155.2
* 24-Hour Volume (BTC): 4.56K BTC
* 24-Hour Volume (USDT): 477.32M USDT
Chart Analysis (6-Hour Timeframe):
* Trend: The chart shows that it has been in a downtrend over the past few days (covering the period from May 26 to June 4). The price has fallen significantly from highs around 110,000 USDT.
* Support and Resistance Levels:

* A support level is seen at the bottom of the chart around 103,078.9. The current price is just above this level.

* Previous increases have seen resistance levels at 106,903.4 and 109,198.1.

* Moving Averages (MA):

* MA5 (Blue): 104,524.7
* MA10 (Purple): 104,969.8
* MA30 (Yellow): 105,013.4

* The current price (103,396.7) is trading below all of these moving averages. This is a bearish signal indicating that a downtrend is continuing in the short term. Selling pressure may continue as long as the price remains below the moving averages.
* Volume:

* As the price declines, volume occasionally increases, especially on large red candlesticks. This indicates that the decline is supported by strong selling.
* Recent volumes have been generally down, which could indicate a decrease in market interest or a period of consolidation.

* MACD (Moving Average Convergence Divergence):

* MACD (12,26,9) value: -25.2

* DIF: -456.6

* DEA: -431.3
* The MACD value is negative and the DIF appears to be trading below the DEA (although not exactly readable, these values ​​typically confirm a downtrend). This indicates that the downward momentum continues.

Summary and Possible Scenarios:

* Bearish Continuation: With the price below the moving averages and the MACD supporting the downtrend, the Bitcoin/USDT pair appears to be in a downtrend.

* Support Test: The current price is close to the 103,078.9 support. A break below this level could lead to further declines.
* Potential Rebound: If the price holds the 103,078.9 level and starts an upward move, the first target will be to test the moving averages (MA5, MA10, MA30). Breaking above these averages could be a sign of a recovery in the trend. However, this does not seem likely at the moment.

* Staking APR: The chart reads "Current APR of BTC Staking is up to 2.00%". This indicates that Bitcoin staking offers annual returns of up to 2%. This may be an attractive point for some investors, but it does not directly affect the price movement.

Conclusion:
The given chart shows that the BTC/USDT pair is bearish in the short term. It is important for investors to be careful and closely monitor potential support levels.