Bitcoin's short-term trend has shown typical technical pattern signals. From the daily chart perspective, the major K-line presents a W bottom pattern, with each successive bottom higher than the previous one, which usually indicates that the rebound threshold has matured.

Currently, the price is stably above the MA9 ($90,451), and the MA20 moving average provides strong support at the bottom. In the short term, bullish momentum is accumulating. Regarding support levels, $85,000 is a critical defensive line—if it is broken, the next liquidity concentration zone is at $80,000, which warrants close attention. Looking upward, resistance is clustered in the $95,000-$100,000 range. Breaking through this resistance zone could open the way toward $110,000.

From the Bollinger Bands perspective, the market is in an extremely contracted state, with the bandwidth compressed very narrowly. Historical patterns suggest that such extreme squeezing often precedes significant volatility. The probability of an upward breakout in the short term is relatively high.

The RSI indicator has clearly moved out of the oversold region and stabilized around 50, indicating that rebound momentum is gradually building. Once it breaks through the key level of 70, the bulls will fully take control. The MACD histogram is about to flip from negative to positive, and when the signal line forms a golden cross, the strength of the short-term upward signal will significantly increase.

Overall, there are three possible trend paths. The most moderate (about 60% probability) targets the $95,000-$100,000 range, which is the most likely direction. The more optimistic scenario (about 25% probability) involves a stronger rise, directly reaching $110,000-$120,000. The third scenario (about 15%) involves a pullback to $80,000-$85,000 before resuming upward movement.

Based on the January cycle, the most probable scenario is a moderate rebound, with Q1 potentially showing an overall upward trend. However, a key risk is that the main players might first create a dip before the rise, using a shakeout strategy to release profit-taking, which is the most concerning variable at present.