Recently, it feels like bad luck is hitting harder than good luck. Although today’s drop isn’t too severe, BTC still fell below $94,000, casting a shadow over Monday’s market opening. As BTC’s price continues to decline, investor sentiment is getting worse. I’ve seen various fear indexes published by different platforms, and they’re all alarmingly high. According to GlassNode data, the current fear level has hit the lowest point since 2025. The last time we hit a low point like this was back in April 2025, when Bitcoin’s price was $74,000. Although the fear level is even higher now, BTC’s price is still holding around $94,000. Looking ahead to next week, there are two key data points to watch, both on Thursday. First, NVIDIA’s earnings report will be released early Thursday morning, which should directly impact the recent trends in the AI sector. Then, Thursday evening, we’ll get the September non-farm payroll data, which was delayed due to the government shutdown. While the timing makes it less impactful, it’s still pre-shutdown data and could have some influence on the market. Back to Bitcoin data—BTC’s price dropping below $94,000 on Sunday did trigger some panic. The turnover rate jumped nearly 50% compared to Saturday. From the data, it’s clear that most of the trading activity came from investors who bought the dip around $95,000 in the past two days. They might be worried that Monday’s stock market opening could lead to further BTC declines. Even though BTC’s price has dropped further, the token structure remains very solid, and there’s no sign of support levels being broken. Many high-level loss-holding investors haven’t panicked yet. Personally, I still believe BTC will return to its support level sooner or later. As for me, my spot position at $90,000 is still sitting there, and I don’t plan to change it. I’m not sure if BTC will drop to $90,000 or lower, but if it does, I’ll keep buying. I also think liquidity will gradually recover starting next week, as long as NVIDIA’s earnings report doesn’t throw any curveballs. Of course, I could be wrong. Bitget VIP—lower fees, better perks!