Technical analysis by Thalassa_ about Symbol BTC: Sell recommendation (10/11/2025)

The cryptocurrency market is still under intense pressure after US President Donald Trump announced 100% tariffs on technology products imported from China. This decision has ignited fears of a return to the trade war, causing global risk appetite to fall to its lowest levels in several months. As usual, Bitcoin was not immune to this wave. By looking at the chart of BTCUSDT on the daily frame (D1), it can be seen that after the recent sharp drop, the price is trying to recover slightly, but it is still below the resistance area at 117,500, an area that saw strong selling previously. This area is likely to be a temporary rebound point before the next downward wave continues. The main scenario suggests that the price may rise slightly before falling back towards the 102,700 area, which corresponds to a strong support area from the past. As long as Bitcoin does not regain the 118,000 level with clear purchasing power, any current gains remain temporary within the overall downtrend.