Bitcoin Trades Below $100,000 as Traders Watch the $101,000 Reclaim Level
EV2 Launches Token Presale with New Features and PvX Gameplay

Bitcoin continues to face pressure, slipping below the $100,000 mark amid shifting pricing expectations in the short term. As sellers dominate and volatility increases, attention is focused on reclaiming key levels to trigger the next directional trend. Meanwhile, the EV2 token presale is gaining momentum, attracting investors eager for early exposure to blockchain gaming.

**Bitcoin Faces Trend Pressure as Traders Monitor Key Technical Levels**

Crypto analyst Michaël van de Poppe recently noted that a market reversal could occur if Bitcoin’s price moves above the previous support zone around $101,000. He highlighted that Bitcoin remains weak below this level, with many traders believing the four-year cycle has topped, which has contributed to selling pressure.

At the time of writing, BTC was trading at approximately $97,000 following another 6% drop on the day. Trading volumes increased as sellers took profits. Chart analysis shows a sequence of lower lows and lower highs, indicating a short-term downward structure. The break below $100,000 has turned that level into resistance, intensifying pressure on buyers trying to regain ground.

Bitcoin has dropped below $95,000 and stabilized, but a trend reversal would require reclaiming the crucial $101,000 resistance level.

**BTC Technical Forecast: Bearish Momentum Prevails**

Technical indicators suggest a bearish outlook for Bitcoin. The 9-day Exponential Moving Average (EMA) sits near $100,176, well above the current price point. The MACD remains negative, with widening red bars that indicate selling momentum is still dominant. The Relative Strength Index (RSI) is nearing 31, entering oversold territory where short-term price bounces become more probable.

Support levels hold near $97,000 and $95,000, with deeper support around $92,500 if selling persists. Resistance remains strong at $100,500 and $102,500, with a potential push toward $105,000 if Bitcoin can successfully reclaim the $101,000 level.

**TradingView 4-Hour Chart Highlights**
Recent price action shows a decline accompanied by a bearish MACD crossover with a falling histogram, while the RSI trends downward toward oversold levels—signaling continued bearish energy.

**Price Prediction Outlook: Market Awaits Trend Confirmation**

With implied volatility elevated, traders are closely watching the $95,000 to $97,000 zone for signs of stabilization. A bounce from this area could spur a move toward $99,500, followed by a test of the $100,000 to $100,500 resistance zone. Closing above $102,500 might validate a short-term structure change.

Conversely, if support at $95,000 fails to hold, further declines toward $92,500 or, in case of heavier selling, around $89,000 could materialize. Analysts widely regard reclaiming $101,000 as key to initiating a broader recovery.

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**EV2 Token Presale Opens Amid Growing Interest in PvX Looter-Shooter Gameplay**

While attention remains on Bitcoin, Funtico has launched the public presale for EV2, the token powering its upcoming open-world PvX (Player versus X) looter shooter, Earth Version 2. The presale offers 40% of the total token supply, granting early access to players and supporters. It is also available via the Ethereum network.

Earth Version 2 features large-scale battles, cinematic environments, and five customizable combat suits. Players can explore multiple worlds, collect modular loot, and compete across PvE, PvP, and PvEvP modes. A notable mode called Fracture challenges 25 players to collect color-coded cubes before entering a final survival phase.

The EV2 token is built on the Avalanche network and is priced at $0.01 during the presale, with approximately 1.15 billion tokens in existence. Participants can acquire tokens using an Avalanche-enabled wallet and redeem them after the presale concludes.

This project aims to bridge traditional gaming and decentralized finance by offering an in-game marketplace featuring rare, collectible digital assets that are monetized and upgradeable. According to EV2’s documentation, the roadmap includes marketplace integration and scheduled tournaments designed to sustain player engagement. Presale buyers will also receive exclusive bundles and in-game digital items.

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**Further Observations**

Bitcoin’s downward trend is likely to continue until the $101,000 level is reclaimed. However, given the oversold conditions, a short-term rebound is possible. Meanwhile, the EV2 token presale continues to gain traction, reflecting growing enthusiasm in blockchain-based gaming.

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**EV2 Presale Links:**
[Presale Website]
[Telegram]
[X]

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*Disclaimer:* This is a sponsored article for informational purposes only. It does not reflect the views of Crypto Daily and is not intended as legal, tax, investment, or financial advice.
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