Bitcoin is currently near 90352, up about 4.7% from the intraday low of 86260, but after a rise to 90655, it has slightly retreated, showing a fluctuating state of "high resistance and low support." In terms of K-line shape, there is a continuous alternation of small bullish and bearish candles, indicating that bulls and bears are competing in the 90000-90500 range, lacking a clear direction.
Short-term support levels are 89500 and 86260; short-term resistance levels are 90655 and 91000. If it stabilizes above 90500, it is expected to test the resistance at 91000-91500. If it falls below 89500, it may test the support at 89000-88500 again.
Suggestion:
Bitcoin can be viewed as bullish around 89500-90000, targeting 92500
