Recently, Bitcoin has fallen from the high of 94,700 and after dropping to a low of 89,300, it successfully stabilized. Currently, it is consolidating around the 90,000 level. From a technical perspective, this correction is a normal retracement after a rapid rally, aimed at accumulating momentum for the subsequent upward movement.

From the current view, the four-hour price has retraced to the lower Bollinger Band area, receiving effective support and initiating a rebound; on the volume front, there are clear healthy signals—trading volume significantly shrank during the decline, and during the rebound phase, volume increased moderately. This indicates that selling pressure has gradually eased, and buying strength is quietly returning. Combining trend and technical analysis, the current price is at the lower end of the previous upward trend correction, making it an excellent opportunity to enter long positions.
Bitcoin retraced to around 90,300 - 89,800, with an upward target of 91,500 - 92,800. $BTC #今日你看涨还是看跌？