Analyst: If there is no significant "catalyst" in the near future, it will be difficult for BTC to break through the resistance level of $93000

Odaily Planet Daily News: Compass Point analyst Ed Engel stated in his latest report that "Bitcoin continues to show resilience... up 4% week over week, while the S&P 500 index fell 6%. Historically, during macro sell offs, Bitcoin's correlation with stocks has been close to 1.0; however, its 30 day correlation with the S&P 500 index is only 0.65. Although we are optimistic about the recent decoupling of Bitcoin, the recent strength accompanied by light trading volume has reduced confidence in Bitcoin breaking through the $93000 resistance level without major catalysts such as loose Federal Reserve policies or tariff agreements. Nevertheless, long-term holders of Bitcoin remain steadfast, and as Bitcoin liquidity declines, Strategy's buying volume is rebounding... These factors can further support its resilience against the backdrop of stock and fixed income volatility （CNBC）