Let's take a look at the current BTC trend. The price is now at $91,271.92, firmly above the 90,000 mark, a key psychological level, and the middle band of the daily Bollinger Bands is also at that level ($89,781), indicating a clear bullish sentiment. But the issue is— the price is approaching the upper Bollinger Band at $91,864, which is a strong resistance level, and in the short term, it indeed faces a test.

From a daily chart perspective, the upward trend has been established, and momentum is not weak. However, the price is now stuck at a critical technical level; a direct breakout requires stronger buying pressure. Most likely, it will consolidate here— either oscillate at high levels to digest the previous gains or undergo a technical correction.

Bullish traders consider: don't rush to chase the high; patiently wait for the price to retrace to the $90,800–$90,000 range (where recent support levels and psychological levels coincide) before entering, with a stop-loss below $89,500 (breaking the daily middle band means accepting a loss). If it successfully breaks above $91,800, the next target could be in the $92,500–$93,000 range.

Short-term traders betting on a correction also have opportunities, but must follow strict rules: only consider short positions when the price re-challenges the $91,800–$92,200 zone, and clear signs of stagnation or reversal appear on the hourly chart; stop-loss must be set above $92,500. This contrarian approach carries higher risks and requires mental preparedness.

Remember these key levels: above is $91,800 (previous high + upper Bollinger Band) → $92,500; support levels are at $90,800 → $90,000 → $89,500.