BTC Summary: The price of BTC is experiencing a strong downward trend, facing significant selling pressure and nearing an important support level.

Detailed Analysis:

Current Price: 93,862.05 (-0.98%)

Recent Volatility: BTC has broken through the support level of 94,000 and may continue to adjust.

Resistance: 94,500 - 95,000

Support: 93,600 - 93,000

RSI Index: 30.31, indicating an oversold region, but the recovery strength is not clear.

MACD: Negative chart, MACD line is below the signal line, selling pressure dominates.

Trading Strategy:

Entry Point: Wait for the price to recover to the level of 94,500 to confirm the trend.

Take Profit: 95,500

Stop Loss: 93,000

Note: Closely monitor the RSI to catch recovery signals, avoid entering trades during low trading volume.

Hashtags: #Bitcoin #BTC #CryptoTrading #PriceAnalysis