BTC's recent drop was pretty brutal, breaking straight through the 89k support. It hit a low of 87.7k, touching the lower edge of the daily channel. The large buy orders at 87.8k have all been filled. Right now, the market doesn't have strong rebound momentum. After waiting so long for this drop, we've now reached a critical level. Left-side traders can consider buying a bit of long positions here. If a rebound happens, it should at least reach 92.5k.