Let's take a look at today's Bitcoin. So far, Bitcoin has been trading in the range of 93000 to 94000.
After entering a correction, Bitcoin's performance has indeed not been strong, and it has been oscillating and retracing. Now it has stabilized above 92000 without breaking down. The key support for Bitcoin is currently at the 92000 to 90000 level, which I have mentioned before.
If it breaks below, it would be a very dangerous signal, and the bulls would be washed out. However, I personally believe that the probability of BTC temporarily breaking below 90000 is low, and instead, the possibility of a rebound back up is greater.
BTC has been oscillating and declining for half a month. Even if there is a wave of rebound in the current phase, the support at the bottom should bounce back, with the pressure level above looking at 98000 to 100500.