BTC: Downtrend continues, approaching key support

Bitcoin has currently fallen to $102,208, continuing to decline after being rejected at $103,866, with bears in control of the situation.

Market Overview:

• 24H High: $104,356

• 24H Low: $102,140

• Current Trend: Bearish

• Volume: Increased during the decline, indicating intensified panic selling

Technical Observation:

BTC still holds the $102,000 support; if it breaks below, it may quickly test the $100,800–$100,000 range, which is a key psychological and technical level.

Trading Advice:

Temporarily avoid being overly aggressive, refrain from blindly bottom-fishing, focus on price action near $100K, and wait for stabilization or reversal signals before making moves.