Bitcoin is currently cooling off at the $100,000 mark, with the current price hovering around $90,300. Market traders are using hedging strategies to anchor the price within the $90K to $95K range, and the $100,000 integer level has become the strongest resistance. The next directional judgment is crucial—if the daily close can stay above $94,000 or drop below $88,000, the true trend can be confirmed. Additionally, attention should be paid to the CME gap around $88K to $88.5K, which could serve as downward support.