The analysis focuses on BTCUSDT, commencing with a recap of a previous update where a swing failure pattern above Monday's highs was observed, followed by an expected continuation upwards into resistance around $96,000. The current price is noted at approximately $96,690, having seen a rejection from this resistance level. The immediate expectation is for a potential sideways range before a definitive directional move. Key technical levels identified include a daily imbalance open at $95,300 and a 12-hour order block acting as strong support between $94,700 and $95,200. A previous resistance level at $93,800 is also highlighted for its historical significance. Two contingent scenarios are outlined: a bullish continuation if the $94,700-$95,200 support holds, leading to higher prices, or a bearish reversal. The bearish scenario is triggered by a break below the $94,700-$95,200 support, followed by a failure to reclaim the $93,800 level as support (i.e., it acts as resistance again). This would indicate a significant weakness, prompting confident short positions with a target below $80,000. The analyst emphasizes patience, avoiding chasing trades, and waiting for clear confirmation at these critical price levels.