Analyst: Bitcoin at $102,000 is a key support; a fall below may test the $98,000 bullish-bearish dividing line.

[Coin World] Blockchain data analysts pointed out on social media that since March 2, the middle orange line of the MVRV extreme divergence pricing range has repeatedly served as pullback support or rebound resistance. Currently, this line is at $102,000, acting as a key support level. Theoretically, if no further unfavourable information triggers pessimistic sentiment, the price should receive rebound support at this level in the short term. If this support is lost, the price may continue to fall, testing the upper limit of the URPD chip accumulation range B segment at $98,000. $98,000 is also the average cost line for current short-term holders, regarded as a temporary “bull-bear dividing line.”