Bitcoin drops to $93,660: Key levels and strategy for traders"

📉 Market situation:

Bitcoin continues to decline, trading around $93,660. This confirms bearish sentiment after a recent pullback from the $100,000 level. Weak demand on Coinbase and bearish RSI divergence intensify the pressure.

📊 Key levels:

• Support: $87,000–$88,000 — a zone where a local bottom may form.

• Resistance: $95,000 — a strong barrier for recovery.

💡 Recommendations for traders:

1. Short positions: Current levels provide an opportunity for short trades, but set strict stop-losses.

2. Hedge risks: Consider put options or futures strategies.

3. Expect correction: Long-term investors are better off waiting for a drop below $90,000 for a favorable entry.

⚠️ The market is unstable, and volatility can create both risks and great opportunities. Be prepared to act quickly!

Stay updated and remember to manage risks!$BTC