Bitcoin's price has failed to maintain its upward momentum and has been consolidating below the $100K resistance level. The market recently attempted to break the $100K level but was rejected and has since shown a bearish trend. The $90K support level is now the likely target in the short term. The Bitcoin futures market sentiment, as indicated by the open interest metric, suggests potential volatility in the short term, possibly due to liquidation cascades. Investors are advised to exercise caution when investing in Bitcoin currently.



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