From a technical structure perspective, the price has now firmly established itself above the key psychological level of 92,000 and the short-term moving averages on the hourly chart. The volume during the rebound phase is adequate, indicating that capital is entering the market in an orderly manner.



If the price can continue to consolidate above the support range of 91,800-92,000, it is likely to challenge the resistance area at 92,800-93,000 in the short term. Overall, the pullback during the early morning hours did not shake the market's overall support structure, and strong buying power below has provided a solid backing for the price.

Currently, the price movement is more inclined toward a range-bound rebound trend. We need to closely monitor how well the price consolidates near the 92,000 mark. If this trend continues, there is still further upside potential for a rebound in the future.

BTC: Consider around 92,000-91,500, add at 91,000, target 93,000-95,500
BTC0.38%
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