$BTC

Price Level: BTC has slipped below the psychological $90,000 mark and is trading around the $88,700 - $89,500 range. This failure to hold the $90,000 level has contributed to the cautious sentiment.

Technical Indicators: A summary of major technical indicators (Moving Averages and Oscillators) is showing a consensus of "Strong Sell" signals on the daily timeframe, which points to strong short-term bearish momentum.

Consolidation: The market is generally in a consolidation phase, digesting recent losses as traders prioritize risk management and wait for fresh macroeconomic or policy cues.