[Trader Eugene: Bitcoin has fallen below the bull-bear dividing line, $100,000 will become the new resistance level for upward movement] Trader Eugene Ng Ah Sio posted on his personal channel, stating that Bitcoin's failure to hold above $100,000 is mainly due to two reasons. First, the final defense line for maintaining the bull market structure in this cycle has been breached, as the 50-week moving average trend has officially been broken—this is the first occurrence since 2022. Second, $100,000 is a very strong psychological threshold, which had been held 3 or 4 times previously but has finally been lost this time. Moving forward, it will become the new resistance level for upward movement. Therefore, Eugene mentioned that he will not attempt to buy the dip at this time and will consider $90,000 as the next range worth paying attention to.