Today, the BTC market can be summed up with one word: "Tug of War."

The morning started aggressively, with prices surging from 90,000 all the way up to 92,500. The bulls were in full force, and market trading volume skyrocketed to $30 billion. Capital was flooding in wildly, retail investors were all shouting bullish, and the atmosphere was extremely heated.

However, the situation reversed in the afternoon. The bears launched a sudden attack, causing the price to drop rapidly back to the critical 90,000 level. The bulls and bears tore at each other fiercely here, with trillions of dollars changing hands within minutes. Institutions were shaking out positions, while retail investors were screaming.

But the 90,000 support held firm. Buying pressure continued to pour in, and the price rebounded swiftly, finally stabilizing around 92,000. From a technical perspective, this area is gradually becoming a new support level.

Looking ahead, the macro environment remains relatively friendly. Institutional ETF funds are also flowing in quietly, and the bulls still have strength overall. If this momentum continues, the next target is likely to be around 93,000, and if things get more aggressive, even 95,000 could be within sight.

This round of market movement has indeed been intense, with both gains and losses sounding notably loud. For short-term traders, opportunities and risks are both clearly on the table.