$BTC is currently trading near the $89,000–$90,000 range, showing signs of consolidation after recent volatility. Price action suggests the market is pausing as traders assess the next directional move.
Trend: Short-term momentum is neutral to slightly bullish, with BTC holding above key support levels.
Resistance: The $90,000–$91,000 zone remains a major resistance. A strong break above it could trigger further upside.
Support: Immediate support lies around $87,000–$88,000. A loss of this level may lead to deeper pullbacks.
Sentiment: Market sentiment is cautious but optimistic, influenced by lower holiday trading volume and expectations of renewed activity in the coming weeks.
Overall, Bitcoin remains range-bound, and a clear breakout or breakdown will likely define the next short-term trend.
BTC
91,046.02
+0.24%