Latest Market Report: Bitcoin is currently hovering around $91,250, with a 24-hour decline of approximately 0.6%. Today’s price has been oscillating within the $91,000-$93,000 range, with a low of $91,007.

From a technical perspective, $92,000 is the current critical threshold — a battleground for short-term bulls and bears. Support below at $91,500 has been quite solid, while resistance at $93,500 is clearly under pressure. Every attempt to push toward this level encounters resistance and pulls back, repeatedly testing the strength of the bears’ defense.

Signals from the capital flow are also worth noting. The net inflow of ETFs has noticeably slowed, indicating that institutional enthusiasm for entering the market is waning. The overall market leverage remains relatively low, suggesting participants are still cautious at this level. The battle between bulls and bears is heating up, but neither side has absolute control.

In the short term, it’s more likely that the price will continue to fluctuate within this narrow range. The key point to watch is whether Bitcoin can effectively break through $92,000 — if it can hold steady above this level, it may open up upward space; otherwise, it could continue to decline. The current strategy is mainly to observe and wait, without rushing to act.