Last night, BTC experienced a brief pullback before quickly pumping, successfully returning to the 90,000 level and breaking through key resistance levels. However, the current price is consolidating near the middle band of the daily chart, with both bulls and bears fiercely competing, and the market direction remains unclear, while short-term volatility is relatively high. It is recommended that investors remain on the sidelines and wait for the price to effectively hold above the resistance level or pull back to the support level before considering getting on board.

From a technical perspective, the daily chart previously showed a long lower shadow, followed by a quick price rebound forming a bullish engulfing pattern, briefly breaking through 92300 but failing to hold above, resulting in a false breakout. The monthly chart indicates that the price has been consolidating around 91500 for three consecutive months, with a clear high-level fluctuation pattern.
Bitcoin short at 93000-93500, target 91000-90000.