Early morning market continued to decline as expected, with BTC accelerating downward after effectively breaking through previous support levels, reaching a low of around $91,200. Subsequently, buying interest surged in, driving a strong rebound, and the price has now recovered to around $93,300. Our short positions initiated in the early morning successfully captured over 800 points of profit.

From the current technical structure, the price received strong buying support around $91,200, forming a clear bottoming and rebound pattern. On the 4-hour chart, after the candlesticks closed with long lower shadows at low levels, a continuous rebound occurred. The MACD green momentum bars began to shrink, and the KDJ indicator formed a golden cross in the oversold area, indicating that the short-term downward momentum is weakening and bullish forces are gradually returning. Currently, the price has re-established above the key psychological level of $93,000. If it can stabilize and consolidate above this level, it is expected to further test resistance in the $94,000–$94,500 range. $BTC #比特币六连涨

Overall, after quickly releasing bearish pressure, the market has seen a bullish counterattack, with short-term rebound momentum being quite evident. If the price can remain stable above $93,000, the recent low of $91,200 in this correction may become an important support, and the market could shift into a consolidation and correction phase. Traders may focus on short-term long opportunities after support is confirmed, with the primary target at around $94,000.

(Note: Market volatility is intense. The above analysis is purely technical and does not constitute investment advice. The market carries risks; decision-making should be cautious.)