BTC is currently trading at $90,959, with a minor 24-hour decline of only 0.42%. It is consolidating within the range of 89,300 to 91,700, with average trading volume. The weekly correction has completed and is now entering the recovery phase. The support level at $89,300 is particularly critical; if broken, it could trigger nearly $1 billion in long position liquidations, posing significant risk. To break above, the first hurdle is between $92,000 and $92,800. If this resistance is truly overcome, $95,000 will come into view. Tonight's economic data release could be a turning point. In the short term, focus on swing trading. The alert level is at $87,000—if reached, decisively reduce positions and avoid stubborn holding. Wait for signs of stabilization before considering entering the market.
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BTC is currently trading at $90,959, with a minor 24-hour decline of only 0.42%. It is consolidating within the range of 89,300 to 91,700, with average trading volume. The weekly correction has completed and is now entering the recovery phase. The support level at $89,300 is particularly critical; if broken, it could trigger nearly $1 billion in long position liquidations, posing significant risk. To break above, the first hurdle is between $92,000 and $92,800. If this resistance is truly overcome, $95,000 will come into view. Tonight's economic data release could be a turning point. In the short term, focus on swing trading. The alert level is at $87,000—if reached, decisively reduce positions and avoid stubborn holding. Wait for signs of stabilization before considering entering the market.