Market Analysis Today: BTC

After taking approximately 38 hours to surge from around $87,000 to nearly $91,000, BTC quickly reversed course. The $91,000 level once again proves to be a very clear resistance zone that is not easy to break in the short term. In the past two days, many analysts believe that if BTC can decisively break through the $91,000 zone, the market will open up opportunities to directly reach the psychological milestone of $100,000. However, from a cautious perspective, rushing to bet on this scenario is not yet necessary. Watching for price reactions at key levels remains a safer choice. Currently, BTC has been trading sideways within a narrow range for nearly two weeks. When the market has been “compressed” for so long, it is very difficult to accurately predict the short-term direction until a clear breakout occurs. Any premature predictions at this point carry inherent risks. In the medium and long term, the overall trend still leans toward a prolonged bear cycle lasting about 6 months to 1 year before the market truly enters the next strong growth phase. However, even in a bear market, technical rebounds always occur. I personally still expect a notable recovery, with the goal of possibly reaching the $98,000 zone before a larger trend is more clearly confirmed. In summary, the current phase is suitable for maintaining patience, managing risks tightly, and waiting for clear signals from the market, rather than being swept up by overly optimistic short-term expectations.