According to Skew Δ, Bitcoin has reached a pivotal high-time-frame (HTF) resistance area between $92K and $94K, which acted as previous support. This zone, along with the Yearly Open, is crucial for establishing a new HTF trend. A successful reclaim of this region with supportive flows would suggest a bullish outlook. Currently, traders should evaluate the likelihood of this being a relief bounce across broader risk markets.

According to Greeks.Live, the market sentiment is predominantly bearish, with traders focusing on the $82K level as a critical support that must hold to maintain the high timeframe (HTF) trend. This level is being closely monitored as its breach could indicate further downside potential in the cryptocurrency market. The analysis emphasizes the importance of this support level for traders looking to manage risk effectively. [Source: Greeks.Live, February 27, 2025]