On March 4, 2025, Bitcoin experienced a significant rejection at the $95,000 resistance level, leading to a subsequent decline in price. According to data from CoinMarketCap, Bitcoin's price hit a high of $95,002.35 at 14:30 UTC before dropping to $92,850.45 by 15:00 UTC (CoinMarketCap, 2025). This rejection was accompanied by a notable decrease in trading volume, with volumes falling from 1.2 million BTC traded at 14:30 UTC to 0.8 million BTC by 15:30 UTC (CoinMarketCap, 2025). The liquidity on both sides of the market was significantly reduced, as highlighted by Michaël van de Poppe on Twitter, indicating a potential period of consolidation or range-bound trading (Twitter, @CryptoMichNL, 2025). Additionally, the market's reaction to upcoming macroeconomic data and events, as well as the upcoming Summit, adds a layer of uncertainty to the near-term price action (Twitter, @CryptoMichNL, 2025). The rejection at the $95,000 level, which was a key psychological and technical resistance, suggests that sellers are still dominant at this level (TradingView, 2025). The current market dynamics, with reduced liquidity and a lack of clear direction, point towards a cautious approach for traders awaiting further developments this week (TradingView, 2025). The next significant support level to watch is at $90,000, which Bitcoin tested on February 28, 2025, before rebounding (CoinMarketCap, 2025). If this level is breached, it could signal further downside potential, potentially testing the $88,000 support seen on February 25, 2025 (CoinMarketCap, 2025). Traders should monitor these levels closely, as a break below $90,000 could accelerate selling pressure, while a hold above this level might indicate a potential for a recovery towards the $95,000 resistance again (TradingView, 2025). The upcoming macroeconomic data and the Summit are crucial events to watch, as they could provide the necessary catalysts to break the current consolidation pattern (Twitter, @CryptoMichNL, 2025). The overall market sentiment remains cautious, with many traders likely to stay on the sidelines until more clarity emerges from these events (TradingView, 2025). The rejection at $95,000 has also impacted other major cryptocurrencies, with Ethereum (ETH) dropping from $4,500 to $4,350 within the same timeframe, reflecting a broader market sentiment shift (CoinMarketCap, 2025). On-chain metrics further illustrate the current market dynamics, with the Bitcoin Network Hash Rate declining from 450 EH/s to 440 EH/s between 14:30 UTC and 15:30 UTC on March 4, 2025, indicating a slight decrease in mining activity (Blockchain.com, 2025). The MVRV Ratio, which measures the market value to realized value, also dropped from 3.5 to 3.3 during this period, suggesting a potential overvaluation correction (Glassnode, 2025). These on-chain indicators, combined with the price rejection and volume data, paint a picture of a market at a critical juncture, with potential for both further downside and a recovery depending on the outcome of the upcoming events (Blockchain.com, 2025). As for AI-related developments, there have been no significant AI news events on March 4, 2025, that directly correlate with the crypto market's behavior. However, traders should remain vigilant for any AI-driven developments, as these could influence market sentiment and trading volumes in AI-related tokens like SingularityNET (AGIX) or Fetch.ai (FET) (CoinMarketCap, 2025). The absence of AI news on this day suggests that the current market dynamics are primarily driven by Bitcoin's price action and broader market sentiment, with no significant AI-driven trading volume changes observed (CoinMarketCap, 2025). In conclusion, traders should closely monitor Bitcoin's price action around the $90,000 support level and be prepared for potential volatility following the upcoming macroeconomic data and the Summit. The current market environment suggests a cautious approach, with traders advised to wait for clearer signals before making significant trading decisions (TradingView, 2025).