Bitcoin's current price hovers around $90,963, down 0.4% in the past 24 hours, repeatedly testing the range between $89,343 and $91,329. Essentially, it's digesting the uncertainty brought by US non-farm payroll data and tariff policies.



Trading volume has noticeably shrunk, indicating that large funds are currently on the sidelines. However, continuous institutional inflows are supporting the market, giving some resilience to the bottom. The real key is whether the support line at $88,000 can hold—if it breaks, it could trigger a larger-scale correction.

In the short term, the release of non-farm payroll data will be a turning point. If the data meets or exceeds expectations, it could boost risk asset sentiment. Conversely, more caution is needed in this price range. Do you want to see my trend analysis based on different non-farm payroll outcomes?
BTC-0.48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)