Last night's technical adjustments encountered bearish news, sparking a decline.

The 1055 level formed a right shoulder last night, and since it could not stabilize above that, a decline on the 1-hour chart was formed, which was also the prediction from last night's script.

After the 1-hour decline formed, it fell 10,000 points from the highest point. Federal Reserve Chairman Powell's hawkish statements led to significant drops in various assets, including U.S. stocks, the cryptocurrency market, and gold.

After a brief rebound today, Bitcoin encountered downward pressure and fell back.

Now is not the time for medium to long-term bottom fishing; at least we need to wait for the 1-hour trend to establish a bottom and for the daily chart to stop falling ⚠️

Reference positions are 90,000-92,000, with upper resistance at 103-105#美联储放鹰 $BTC