Bitcoin observation shows that in the 4-hour cycle, the current market is overall in a low-level range consolidation phase. The overall upward trend structure has not undergone significant damage. In the short term, key resistance at the 92600 USD level needs to be closely monitored, while support can be anchored near the lower Bollinger Band around the 89000 USD area.
The current price is fluctuating around the 90000 USD integer mark, with recent candlesticks showing a bullish pattern, indicating technical signals of stabilization at a low level.
Bitcoin is adjusting around 89300 and 88000, with a target near 91500 and 93000.
