The current market situation and technical analysis are as follows:
Bitcoin (BTC):
Bitcoin is currently trading at around $94,788, down about 2.23% from the previous day. The high of the day was $96,980 and the low was $93,712. In technical analysis, Bitcoin is trading near the $90,000 support level. If it breaks below this level, the next support levels could be $87,000 and $85,000. On the other hand, if it breaks above the $94,000 resistance, the next target could be $96,000 to $98,000. The RSI is in the oversold zone, indicating the possibility of a short-term bounce. However, the 200-day moving average is sloping downward, indicating a bearish trend.