[QCP: Bitcoin May Be Approaching the Final Stage of This Downtrend, But Confirmation Is Still Needed] Odaily Planet Daily News - In its latest market update, QCP stated that Bitcoin has fallen 27% from its peak, breaking below $100,000 for the first time and losing the 50-week moving average, with market sentiment turning sharply bearish. The current key focus is on the $92,000 support level and the $88,000 CME gap. Whether a short-term rebound can form will determine the structural trend. QCP pointed out that this downtrend may have entered its final stage, but confirmation is still needed through the performance of support levels to determine whether this is the "final drop." Otherwise, the market may still face the risk of further cyclical resets. It also mentioned that the U.S. government reopening and the release of a large amount of delayed data will sustain high market volatility. BTC implied volatility has exceeded 50, and options skew remains tilted toward bearish sentiment.