Last night's market data showed that BTC briefly surged to around $94,200 after the US stock market opened, then faced resistance and pulled back, with bearish pressure significantly increasing. Driven by main sell-offs, the price continued to decline, breaking through the $93,000 psychological level successively, with a low of around $92,200. Currently, it has rebounded slightly to around $92,700 and is consolidating.
From a technical perspective, after failing to break through the key resistance zone at 94,500-95,000, a local top structure was formed. Subsequently, the price dropped sharply
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