$BTC Market Analysis:

The Bitcoin is still in a震荡整理 (consolidation) phase, with prices fluctuating repeatedly within a range. Yesterday, it briefly fell to around 92700 and then directly rebounded, but the high point did not break through, and the震荡区间 (consolidation range) also did not break through.

From a short-term perspective, the price is currently fluctuating within a clear震荡区间 (consolidation range), and the key focus is on the breakthrough direction of this range. The current market sentiment has not yet entered a state of extreme chasing (FOMO), and the momentum indicators also show health, with no signs of excessive overextension. What needs to be monitored now is how long this horizontal consolidation state will last, as it will become a key node for subsequent trend selection.

In simple terms: The market is in a蓄势 (accumulation) phase, waiting for a signal of directional choice to appear.