This level can be seen as the dividing line between bullish and bearish strength today. If Bitcoin can stay above 90600 for 1-2 hours, a short-term rebound is likely to continue, with resistance levels at approximately 91360, 92500, and 93470.
If it cannot stay above 90600, it indicates weak rebound momentum, and the market may once again test the previous low around 89300.
As long as the previous low is not broken, there is a high probability that a consolidation range will form at the bottom, with small-scale wide-ranging adjustments!$BTC
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The key level for Bitcoin is at 90600.
This level can be seen as the dividing line between bullish and bearish strength today. If Bitcoin can stay above 90600 for 1-2 hours, a short-term rebound is likely to continue, with resistance levels at approximately 91360, 92500, and 93470.
If it cannot stay above 90600, it indicates weak rebound momentum, and the market may once again test the previous low around 89300.
As long as the previous low is not broken, there is a high probability that a consolidation range will form at the bottom, with small-scale wide-ranging adjustments!$BTC