The price trend of Bitcoin (16,684,468,116) is influenced by various factors, including market sentiment, technical indicators, and macroeconomic environment. Recently, the price of Bitcoin has experienced a significant decline, with a valuation decrease of approximately 10%. This change has attracted widespread market attention. As of the time of writing, the price of Bitcoin is $93,504.70, with an intra-day trading volume reaching $64.155 billion. Despite the price adjustment, Bitcoin has formed an important support area around $90,000, which is seen as the key to whether Bitcoin can achieve a short-term rebound.