PANews reported on February 25 that crypto KOL Ansem published an analysis saying, "It looks like Bitcoin has fallen below the stop-loss support level and broken through the high time frame trading range. The key price to maintain the high time frame bearish view is around $96,500. It is worth noting that there has not been any high time frame bearish range breakthrough in this cycle, and there is only a downward deviation at present, so let us wait and see.

Ansem believes that the main question now is whether the cryptocurrency market is leading the risk aversion of the overall market. If the stock index also falls in the next few weeks, it is more likely to be the beginning of a downward trend rather than a small twist in the upward trend.