Thank you @Hamzatheinsider for the analysis where you mentioned that most traders are in short positions and would be first to get liquidated $BTC did exactly that.

$BTC Liquidity Heat-map Analysis!

You can see a lot of liquidity above the range high 90k and below the range low 82k.
Right now, most traders seem to be in short positions.

If $BTC wants to go up, it will likely pump first to clear those shorts. After that, price may drop to take the lows and then bounce back strongly in a V-shape.

If $BTC moves down first and gets a strong bounce, then price can move straight to the 92K level.