#加密生态动态追踪 $BTC Latest Market Update (Beijing Time 21:50)

The current trend remains bullish, but only if there are no unexpected events or key support levels broken in this period. The price is hovering around $90,500, down about 1.9% in the past 24 hours, with intraday swings ranging from $89,400 to $92,700.

Resistance is stuck around $94,000-$94,200, and breaking above will require some effort. Short-term support is at $89,300, and mid-term support is at $85,500.

From a technical perspective—on the daily chart, the Bollinger Bands have narrowed, the MACD's upward momentum is slowing down, and the market is in consolidation, indicating a slightly bearish signal in the short term. The 4-hour chart shows more obvious signs: EMA is narrowing, MACD volume is shrinking, DIF and DEA are forming a dead cross, and the bearish momentum is strengthening. However, the lower band support at $89,300 remains relatively solid.

On the market front, the Federal Reserve's rate cut has already been digested by the market, and now big whales are starting to buy again. Retail traders’ positions also show no signs of loosening. Liquidity expectations are decent, but there's a short-term lack of sufficient upward momentum to break through.

How to operate? Cautious investors should wait and see, avoid rushing in. For more aggressive traders, you can try a small position near the $90,000 level, but once broken, stop-loss is necessary. Risk control comes first—don't be greedy.