• $BTC remains in a short-term corrective phase after rejection near $94,400.
• Price is consolidating around $92,700, hovering close to the lower Bollinger Band, suggesting volatility compression. • MACD stays in bearish territory, indicating momentum is still weak. • Holding above $91,300 is crucial; failure may trigger another downside leg, while a bounce could target $93,500 again.
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• $BTC remains in a short-term corrective phase after rejection near $94,400.
• Price is consolidating around $92,700, hovering close to the lower Bollinger Band, suggesting volatility compression.
• MACD stays in bearish territory, indicating momentum is still weak.
• Holding above $91,300 is crucial; failure may trigger another downside leg, while a bounce could target $93,500 again.