Bitcoin shows a clear correction trend today. During midday, it volume-fell through the 90,000 level, with the lowest touching $89,588, then rebounded slightly to around $90,200 to close, with an overall decline of about 2.7%. This round of decline triggered a wave of liquidations across the network, totaling over $460 million, mainly from long positions. The technical outlook has shifted to a short-term weak signal, with resistance levels at the 90,800-91,200 range, and strong support around 89,500. Moving forward, focus should be on non-farm payroll data, while the performance of US stocks and fluctuations in the US dollar index will also influence BTC, so caution is advised.