The Bitcoin market has recently experienced a significant fluctuation, with prices dropping 15% from the historical high of $108,300. This adjustment has triggered a sharp shift in market sentiment, from extreme optimism to uncertainty and caution.📉

Top analyst Maartunn points out that this adjustment coincides with the most severe sell-off activity on Coinbase since October 26, when Bitcoin was trading at $66,000. The increasing selling pressure in the market reflects a shift from bullishness to a state filled with fear and hesitation.📊

Currently, Bitcoin is testing the support level at $92,000, and market participants are closely watching whether it can stabilize.🔍