Overview of Bitcoin's recent trend

The price experienced a wave of increases in mid-February and quickly fell back after forming a short-term top near 99,500.

The recent K-line has fallen sharply, with the lowest point reaching 90,900 and the closing price at 91,800, indicating that the market's selling sentiment is strong and bearish.

Key support and resistance

Support level: 90,900 (current lowest point). If it falls below this point, it may test the psychological level of 90,000 or even lower.

Resistance level: short-term 93,000-94,000 area. If the price rebounds to this area but fails to break through, it may fall further. #btc