#My2026FirstPost Bitcoin Market Snapshot 📊

Bitcoin is experiencing a mild correction today, currently trading at $90,598.9, down $437.9 (-0.48%) from the previous day. In the short term, price action remains relatively stable. The 1-day decline stands at 0.48%, the 7-day performance is nearly flat with a 0.02% decrease, and the 1-month cumulative decline is 1.52%.
However, medium- to long-term performance shows increased pressure. Bitcoin has declined 19.74% over the past 3 months, 21.89% over 6 months, and 4.35% year-over-year. Despite this, the long-term cycle remains strong—over the past 5 years, Bitcoin has still delivered a total gain of 137.22%, reinforcing its position as a long-term growth asset.
From a trading perspective, today’s price moved within a narrow range between $90,503.3 and $90,656.2, suggesting cautious market participation. The 52-week range remains wide, spanning from $49,486.9 (low) to $126,186.0 (high), with the current price positioned in the upper-middle portion of that range.
Bitcoin’s 24-hour trading volume is $38.08 billion, and its market capitalization stands at approximately $1.81 trillion, maintaining clear dominance in the crypto market.
Technical Outlook
Short-term technical indicators point toward continued correction pressure. Indicators across the 30-minute, 1-hour, and 5-hour timeframes are signaling “sell.” On the daily chart, indicators have shifted to neutral, while the weekly timeframe remains rated as “sell.” The monthly chart currently reflects a neutral stance.
Historically, on December 2, Bitcoin closed at $91,287.60, after opening at $86,315.20, reaching a high of $92,285.40 and a low of $86,189.80, with a trading volume of 87,356. Today’s price action remains closely aligned with the $90,000 psychological support level, making this zone critical to watch in the near term.
Overall, the combined technical indicator rating and moving average index continue to signal “sell,” indicating that short-term downside pressure remains present, while broader market participants await clearer directional confirmation.