Here is a brief analysis of the BTC/USDT chart:

92,500 USDT, represented by the black horizontal line.
Support level: Close to 78,254.38 USDT, represented by the green horizontal line.
A descending trend line indicates potential bearish trends.
An ascending trend line suggests the formation of a potential support level.

Bullish recovery: If the price respects the support line, it may reach the resistance level.

Bearish breakdown: A break below the support may lead to further declines.

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DYOR. NFA