The current market shows that the bearish momentum on the hourly level has not yet been fully released, but the price has entered a key resonance support zone. This area has accumulated a dense trading volume from previous periods, forming strong price recognition, and the accumulation of volume further solidifies the support foundation. If the price stabilizes here gradually and the daily chart shows a shrinking anti-fall signal, the comparison of bullish and bearish forces may shift, and the rebound momentum is expected to accumulate gradually. As the weekend approaches, market activity usually decreases, and it is expected that the short-term will continue to oscillate within a range, building momentum for future directional choices.
Focus on Bitcoin's support performance in the 90000-89500 area; if it stabilizes, consider a phased layout, with important defense around 89000. The key resistance above is in the 91000-92300 range.
