On March 9, according to Cointelegraph, Bitfinex analysts said that the federal government's failure to directly invest in Bitcoin led to "short-term negative market reactions and a decline in Bitcoin prices." Bitcoin needs to close above the key support level of $82,000 this week to avoid further declines due to short-term investor disappointment. Analysts emphasized that investors had expected the federal government to accumulate bitcoin to show strong institutional support, but relying solely on existing holdings without increasing investment weakened those expectations. Nexo analyst Iliya Kalchev pointed out that in addition to crypto-related legislation, macroeconomic developments and global trade concerns also continue to put pressure on Bitcoin prices. Next week, markets will focus on the U.S. consumer price index and jobs report, which will serve as important indicators of slowing inflation and potential interest rate cuts. Technically, the Bitcoin Relative Strength Index (RSI) is 28, indicating that assets are oversold. Analyst Rekt Capital pointed out that every time the RSI reaches 28 in the current cycle, Bitcoin prices "either hit bottom or are only 2% to 8% away from the bottom."