Bitcoin has entered that familiar rhythm again—oscillation mode looping.

The recent fluctuations from 86,700 to 90,600 are making a comeback. The difference is that this round of oscillation has shifted its center upward. The new active range is locked between 89,300 and 94,400, with the entire market testing back and forth within this corridor.

Want to see if it can top out? That depends on the 91,600 level. It’s like a watershed—standing above it, there’s an expectation of an upward breakout; if it can’t break through, the strong trend will come to an end.

The risk point below is 89,000. Once it falls below this level, a weak market structure will be re-established. At that point, wait for a rebound opportunity. The recent support levels are at 86,700 and 85,300. Bottom-fishing friends can look for entry opportunities in these two zones.