The rebound momentum is quite solid. Those gaps can wait another day. Currently, Bitcoin has formed a relatively oscillating range. The area around 93100-94700 above is a key level. If it can hold this range and form stable support, that would basically meet expectations. The short-term technical picture looks fairly decent, with the key being whether it can establish a firm footing within this range.
BTC/USD Market Analysis
The rebound momentum is quite solid. Those gaps can wait another day. Currently, Bitcoin has formed a relatively oscillating range. The area around 93100-94700 above is a key level. If it can hold this range and form stable support, that would basically meet expectations. The short-term technical picture looks fairly decent, with the key being whether it can establish a firm footing within this range.