Recent volatility in the Bitcoin market has attracted attention! 🔍According to Cointelegraph, analysts warn that Bitcoin may face a "huge sell-off" as it fails to break through key resistance levels. Bitcoin has fallen 15% after hitting an all-time high of about $108,365. 📉

As USDT market share rises, analysts predict that Bitcoin may face further downward pressure. The ForexX Mindset pointed out that the rebound in USDT market share and the negative correlation with Bitcoin may trigger a sell-off.

Currently, Bitcoin is trading near $96,000. If it corrects further, its downside target may be the 20-week EMA, which is about $81,500. If it falls below this level, it may test the 50-week EMA of about $67,700. 📊

Investors need to pay close attention to market trends and maintain rational judgment.