$BTC has fallen below the key support level of 90,000 USDT, and there has been no strong rebound in the short term, indicating that the market is in a bearish mood.

My analysis:

1. Current support level:

As can be seen from the chart, 89,256.69 is a short-term low and a weak support level that has just been touched. If it continues to fall below this level, it may trigger more selling.

2. Next key support level:

According to the EMA line and historical prices, the next important support level may be around 88,318 USDT. If this level is broken, further support will appear in the 77,800-78,000 USDT area.

Technical indicator reference:

• EMA(7) and EMA(25) have formed a dead cross, indicating that the short-term trend is bearish.

• Trading volume shows that the recent selling pressure is large. If there is no obvious rebound in volume, BTC may continue to fluctuate downward.

Suggestions:

1. Short-term risk: If 88,300 USDT is lost, please pay attention to the support of 78,000 USDT.

2. Be patient: You can wait for the signal of a large-volume rebound before considering bottom-fishing.

3. Stop-loss strategy: When breaking the key support level, pay attention to setting a stop loss to avoid greater losses.