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Bitcoin started the week strong, with the price stabilizing around the 90,000 level and continuing to rise, currently approaching 91,700. However, in recent days, it has been fluctuating around 90,000 without truly breaking below the stronger support zone of 88,000-89,000.
From a technical perspective, this price range is indeed a critical point. Although the bulls are actively accumulating above, they are approaching a resistance zone; on the downside, there hasn't been a particularly destructive decline, so the current strategy for Bitcoin is to test support and resistance levels repeatedly, and it is not suitable to blindly chase long positions.
Specifically, to move higher, focus on the 93,000 hurdle—only a break above it can truly open up the situation. On the downside, keep an eye on 89,500; if this level cannot hold, then support will depend on the 88,000-89,000 range. In the short term, it’s better to stay on the sidelines and wait for a clearer direction before taking action.