Member indicators show that the current price is below the EMA24/52 moving average, and the moving average is bearish, indicating that short-term downward pressure has not decreased. Based on the distribution of chips, the price is approaching the key support level of $89990 (high volume intensive area), where buying power is strong and may trigger a rebound. But be cautious, if it falls below this support, bears may accelerate to $89632. K-line pattern and trading volume validate bearish signals: The latest K-line has formed a bottom pattern, but trading volume has shrunk to 20.19% of the recent average, indicating low market activity. At the same time, the KDJ indicator converged and RSI broke through the upward trend line, indicating that the bullish momentum is insufficient and the rebound space is limited. Open a membership, accurately track the main trends, and grasp key points! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.

Apple CEO Tim Cook stated that he owns Bitcoin and has been following it for some time. （Bitcoin Archive）

The clearing map shows that approximately $500 million of BTC short leverage is concentrated in the price vicinity of $100000, and approximately $300 million of ETH short leverage is concentrated in the price vicinity of $3400. Price increases may trigger short squeeze in these liquidity areas. （Cointelegraph）

US President Trump's statement that Maria Corinna Machado, who supports Bitcoin, may be involved in the governance of Venezuela has drawn attention. （The Bitcoin Historian）

While Senator Cynthia Lummis hints about a circulating Banking Committee draft, the Agriculture Committee says it's still hoping for a bipartisan version.