BTC currently quotes at 93,200.8, up 5.19% compared to earlier, but technical signals are issuing clear warning signs.

From the 1-hour timeframe, the price has broken below the dynamic upward trendline, indicating a potential trend reversal in the short term. The candlestick has been continuously running for 105 bars, and the overall trend has entered a critical moment. More notably, the MACD has shown a death cross, with bullish momentum significantly weakening, raising doubts about the sustainability of the subsequent rally.

Key support levels are distributed at 90,373.4, 89,432.0, and 88,471.6. If the price fails to quickly rebound above the trendline, a deep correction may be triggered, testing these supports downward. Currently, there are no strong resistance levels forming a significant barrier.

For long position holders, the 93,462.4 level can serve as a dynamic exit and defense reference. Once the price drops to this level, risk control measures should be prepared. If the market cannot quickly rebound and break through the trendline in the short term, the upward momentum may exhaust itself, shifting into a correction cycle.