Technical analysis by Matthew_8888 about Symbol BTC: Sell recommendation (10/21/2025)

Bitcoin's intraday market is under pressure and has retreated. Bullish sentiment has weakened, and prices are testing downwards. Currently trading at 119.6K, this correction has already wiped out the intraday gains, and the short-term support level of 110K has been broken. Looking at the hourly chart, the rebound is under pressure again, signaling a short-term correction. There is a risk of further price declines, so be prepared. The current trend is biased downward, so short positions on rallies are recommended. Focus on short-term resistance at 111.2K above, and support at 106.4K below. If you're feeling lost and unsure about the market, follow my updates and channel. I'll provide daily updates, including details on long- and short-term trade execution. If you're interested, please share your current positions and we can analyze whether it's safer to hold on or adjust and change your positions.Bitcoin is heading towards support at 106.4KThe short-term pressure is around 108.3K. Only after breaking through here can it continue to rebound upward. The support is at 107.4K. If it falls below this position, it will further fall to the support of 106.4K.