Odaily Planet Daily News Greeks.live released a community briefing, which revealed that most traders expect BTC to fall to the $84,000-85,000 level, while others noticed that the market was fluctuating in a narrow range. The key resistance level worth paying attention to is $88,400, where a large amount of passive selling is observed, and the potential support level is at $77,000, which some traders call the "definite bottom."
GameStop announced that it might buy $1.3 billion worth of Bitcoin, which the market was skeptical of and described as "a meme investing in another meme as a meme." Traders believe that this may trigger a "small rebound in Bitcoin to $90,000," but it is not strong enough compared to catalysts such as BlackRock and Trump.