Bitcoin's current trend is a typical "rise and fall" pattern. After reaching a high of 94,700, it has been steadily declining. The price has now stabilized around 91,100, down 1.51% in the past 24 hours. During this period, the highest touch was 93,800, and the lowest dropped to 90,980. Trading volume has also shown a noticeable decline along with the downward momentum.
Currently, the price is holding around 91,000 for the time being, but from the market perspective, the short-term downward pressure has not yet eased, and there are no clear signs of a rebound. Whether this support level can hold remains to be seen.
Keep your positions secure for now and wait for market signals $BTC
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Bitcoin's current trend is a typical "rise and fall" pattern. After reaching a high of 94,700, it has been steadily declining. The price has now stabilized around 91,100, down 1.51% in the past 24 hours. During this period, the highest touch was 93,800, and the lowest dropped to 90,980. Trading volume has also shown a noticeable decline along with the downward momentum.
Currently, the price is holding around 91,000 for the time being, but from the market perspective, the short-term downward pressure has not yet eased, and there are no clear signs of a rebound. Whether this support level can hold remains to be seen.
Keep your positions secure for now and wait for market signals $BTC