Bitcoin is currently still in a consolidation phase, and in the short term, it may test lower levels before confirming a reversal signal to consider entering the market. From the 4-hour chart, the price is still operating within the support zone of the EMA moving averages.

However, from a daily chart perspective, the MACD has already formed a death cross and is moving downward, but there is no obvious increase in selling volume yet, indicating that the selling pressure is not yet sufficient. As long as the price can stay above 90,000, the overall trend remains a relatively healthy correction process.

Next, focus on the support zone between 90,500 and 91,500—if the price can find support here, a rebound is more likely. Conversely, if it breaks below this area, there may be further downside potential.