Looking at the 4-hour chart of BTC, it's clear. After reaching a high of 98,000 some time ago, the price was hit by negative news and experienced a fierce correction, dropping to a low of 91,800. Interestingly, this rapid decline did not continue to weaken; instead, it found support around 92,000 and stabilized.



The 91,800 level has now become a key support, and the rebound indicates strong buying interest below. Currently, the price is oscillating within a narrow range of 92,000-93,400, essentially accumulating energy for the next move and building momentum for the future trend.

From a technical perspective, after stabilizing at the key support level, all indicators suggest that the oversold condition is about to be corrected. The KDJ is still in the low region, but the J line is showing signs of turning upward, indicating that the short-term oversold state is easing and that rebound momentum is brewing. More importantly, the MACD bearish energy histogram is continuously shrinking, with bearish momentum rapidly diminishing, signaling an imminent shift in the balance of power between bulls and bears.

In this scenario, it is a good strategy to go long around 92,000. The technical indicators suggest a rebound potential toward the 95,000-95,800 range, which can serve as a short-term target.
BTC-3,58%
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ParallelChainMaxivip
· 9h ago
The 92,000 level is indeed attractive. The bearish momentum is quickly fading. I am optimistic about this rebound pushing to 95,000.
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BlindBoxVictimvip
· 16h ago
The key level of 92,000 has held, it really feels promising. Let's wait and see if it can break 95.
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FundingMartyrvip
· 16h ago
The buying power at 92,000 is still decent, but I think the wave at 98,000 might be the peak. Be cautious.
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PerennialLeekvip
· 16h ago
92,000 has been reached, betting on this rebound to 95,800, otherwise I'm just a rookie.
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FOMOmonstervip
· 16h ago
The buying pressure of 92,000 is so strong, it really feels like it's about to rise later. The MACD shrinking signal I also found quite obvious.
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FloorSweepervip
· 16h ago
nah bro, everyone's staring at the same 92k level rn... difference is most of 'em gonna panic sell before the real move happens lol. that's where the weak hands separate from actual accumulators, paper hands getting shaken out while smart money keeps stacking. classic playbook tbh
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