$ETH

Bitcoin (BTC) surged to $93,123 today before retreating back to $92,796, still recording a solid gain of +6.56% in the last 24 hours. This movement reflects a broader rebound in the crypto market, likely triggered by political tensions between Trump and Powell that shook interest rate expectations and risk sentiment.

Despite the surge, the RSI is at 57.66, indicating there is still room before reaching the overbought zone. Meanwhile, MA(7) is testing MA(25) from below, signaling a potential short-term trend reversal if momentum holds.

Volume remains stable, and traders are watching $92,229 (MA99) as the next key level. The macro backdrop adds pressure: Trump's pressure on Powell for looser monetary policy is driving traders to bet on crypto as a hedge.

Is BTC building strength for a breakout—or is this just a recovery rally before the next pullback? The market is watching closely.