$BTC is trading around $92,200, holding above the intraday low near $91,950 after a sharp sell-off and quick bounce. The recovery shows buyers stepping in aggressively at lower levels, but price is still moving cautiously below the recent high at $92,670.
On the lower timeframe, momentum looks neutral. RSI is hovering around 50, suggesting balance between buyers and sellers rather than strong trend continuation. This kind of structure usually points to short-term consolidation before the next decisive move.
As long as $BTC holds above the $92,000 support zone, a retest of the $92.6K–$93K resistance remains possible. A clean break above that area could bring renewed upside momentum, while losing $92K may expose BTC to another dip toward the $91.5K region.
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