Recently, the fluctuation of the Crypto Assets market has significantly increased, evolving from a narrow range of oscillation in the early stages to a situation where the bulls and bears fiercely compete yesterday. The market is at a critical moment of seeking a clear direction.

Analyzing the current technical structure of Bitcoin, its recent signs of stabilization may only be a temporary phenomenon, and the market is likely about to enter a new round of downward adjustment. If the price cannot hold the psychological key level of 100,000 dollars, that area will shift from support to resistance, and then the price may quickly decline to the 98,000 dollar area, or even further probe the 95,000 dollar level. It is worth noting that these areas lack sufficient buying power; once a downward trend is confirmed, the price may exhibit a rapid downward movement.

Despite the potential for a rebound in the market from a longer time perspective, it is difficult to form strong upward momentum in the short term. The overall market pattern is likely to continue to remain in a state of fluctuation and bottoming out. Investors need to closely monitor the performance of key support levels and prepare for possible further fluctuations.