Afternoon market shows that after failing to effectively stabilize above 93,000, Bitcoin encountered clear selling pressure again around 92,900. As the bearish momentum strengthens, the price not only broke below the key support of 92,000 emphasized earlier in the day but also briefly dipped to around 91,500. This downward move broke the short-term balance of "buying on dips," and the market structure has shifted to a bearish trend.

From a technical perspective, the price continuously broke through two important levels at 93,000 and 92,000, indicating that the bears have taken control of the market. This decline was accompanied by increased trading volume, signifying an effective break, turning 92,000 from support into short-term resistance. Although the current price is temporarily resting around 91,500, the rebound strength is weak, and the candlestick patterns across all major timeframes have turned bearish. The RSI indicator has also entered the weak zone, and market sentiment has clearly shifted to caution.
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Although 91,500 is the next key psychological and technical support level, and evening data may cause short-term fluctuations, any rebound before the price stabilizes and recovers above 92,500 should be viewed as an opportunity to reduce positions or follow the trend to short. If the 91,500 support is effectively broken, the downside space will further open, with the next target possibly in the 90,000-90,500 range. Trading should mainly focus on shorting on rebounds.