Bitcoin is struggling around the $92K mark in a prolonged bullish channel, at risk of breaking down. However, several important support levels ahead provide confidence for the potential bullish recovery.

- **Daily Chart**: Bitcoin has significantly corrected, stabilizing near the midpoint of the bullish channel at $92K. This is an important support zone, but strong selling pressure could push the price down to the 100-day moving average at $81K, where substantial buying interest may be attracted.

- **4-Hour Chart**: Bitcoin has broken through the midpoint of the bullish channel, signaling increased distribution. Currently, the price is fluctuating near the important support zone from $90K to $82K, which could trigger a market reversal.

- **On-Chain Analysis**: The realized price for the 1-3 month group at $81K is the key support threshold. Maintaining above this level could determine the market direction.