BTC the night before last retraced to the 4-hour Bollinger lower band at 84,408 and quickly recovered, with yesterday's highest rebound near the upper band at 89,350.

It is worth noting that 84,400 is also the 10-day Bollinger lower band, which provided a clear signal of a trend reversal after the indicator returned to zero, thus confirming the formation of this week's low point.

Currently, the price is encountering resistance around 89,350, trading between the middle and upper bands.
From a structural perspective, the 1-hour and lower timeframe momentum has returned above the zero line. Compared to a few days ago, the short-term market has indeed strengthened, but it is still a rebound rather than a trend reversal.

Next week, focus on the upper resistance / short-term risk zones:
89,385 / 89,515
90,185
90,750

If the 90,750 level is effectively broken, the next resistance levels are: 92,250
93,050
94,150 – 94,250
From a cycle perspective, the 12-hour and daily levels are still in a rebound structure, with corresponding rebound highs around 88,800 and 89,385. Until these levels are broken, it is not advisable to be overly optimistic about the market.
Looking further ahead, there are still structural risks in the next two weeks:
The MACD on the 15-day and 20-day levels will gradually return to the zero line. Historically, such resets are often accompanied by a retracement, with a possibility of testing 80,000 or even lower. That would be a more meaningful area for structural low absorption.