Bitcoin is currently hovering around $91,300, down 2.44% over the past 24 hours. The market is oscillating within the range of $89,300 to $91,700, with bearish sentiment still quite strong. Trading volume is also significant, with a 24-hour trading volume of $1.11 billion indicating active battle between bulls and bears.

In the short term, the $88,000 moving average is a key support level, and breaking through it in the near future will be challenging. The resistance level is set at $95,000, and whether the support at $89,000 can hold will be crucial. Currently, this oscillating pattern makes a clear breakout unlikely in the short term.

Here are a few suggestions: First, control your position size and avoid making rash adjustments due to volatility; second, focus on the performance around $95,000 and $89,000; third, most importantly, do not be swayed by market sentiment—blindly following the trend is always the fastest way to incur losses. Now is the time to patiently wait for a confirmed direction.