Bitcoin is in jeopardy! Bear market clouds are approaching, and a massive correction may be unavoidable!

The price of Bitcoin is hovering around $109,000, with technical signals flashing dangerous warnings. The market structure has fractured, and the former bullish advantage has been broken, suggesting that a significant downturn could be imminent. The key resistance level at $110,000 is like an iron wall, making it difficult for the price to break through, and it could slide into deeper lows at any moment.

The support level is around $96,000. Once it falls below this, a sharp decline targeting $92,000 could trigger a new wave of selling frenzy. Short-term investors should retreat quickly; risk control cannot wait!

However, don't be too discouraged; institutional funds are still eyeing this game, and regulatory winds have slightly turned favorable, leaving a hint of suspense in this storm. Long-term investors might consider keeping an eye on this significant drop and treat it as an opportunity to pick up bargains.

In summary, Bitcoin is walking on the edge of a cliff. Will it drop or rise? This gamble cannot afford to lose or win! Be prepared to welcome the storm at any time!