BitUnix analyst: Two US states veto Bitcoin Reserve Act, further market volatility intensifies, BTC focuses on support range of 90000-91000

According to BlockBeats, on February 25th, BitUnix analysts announced that the Bitcoin reserve bills in Montana and South Dakota have been rejected one after another; Meanwhile, the Bitcoin Reserve Act in South Dakota has also been put on hold and requires further review. These events have raised doubts in the market about Bitcoin as a "national strategic asset" and led to the price of Bitcoin falling below $91000 at one point. The veto of the bill reflects the cautious attitude of some state governments towards Bitcoin reserves, fearing its high volatility and potential risks, which may affect future decisions of other states or countries and impact market confidence. Analyst advice: Currently, the price of Bitcoin is seeking support in the range of $90000 to $91000. If it falls below this range, it may further drop to $88000. In the short term, the price of Bitcoin may continue to fluctuate. It is recommended to layout in batches and set stop loss levels to control risks.