**A recent decline in Bitcoin price reflects a broader market downturn, driven by concerns about the Federal Reserve’s monetary policy.** The cryptocurrency saw a drop of 5%, outperforming only the underperformance of the wider crypto market by 4.18%. This follows over $303 million in crypto liquidations, indicating renewed uncertainty surrounding Fed policies. **Traders are now watching key support levels for Bitcoin near $93,000 and $91,214, as market confidence remains fragile.** The decline came after a drop in funding rates and leverage data suggesting a significant reduction in bullish positioning. This amplified the downward momentum witnessed in the market. Technical indicators are turning increasingly bearish: oscillators remain oversold despite lacking a clear reversal pattern, while momentum readings confirm strong downward force. The MACD level and Williams %R further highlight persistent negative pressure. **Market structure points to continued downtrend** with short-to-long term averages all below recent highs, even as the clustering of these indicators indicates downward market movement.** Bitcoin is currently struggling near $93,000 but shows weak rebounds, hinting at persistent bearish dominance. Key support levels are at $93,000, $91,214 and $90,000, with analysts suggesting a sustained close above the 20-day EMA would offer a potential turning point.** **#BTC**