Currently, BTC is in the early stage of a rebound after a weak consolidation. The price has risen above EMA5, and the bearish momentum is further weakening. Global institutions and market makers are collectively accumulating at low levels, making a short-term rebound highly probable. The price is approaching the middle band of the Bollinger (90,698.3 USD), with very strong support. The medium-term upward trend remains unchanged, and now is the best time to position for a rebound.
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Comprehensive Conclusion
Currently, BTC is in the early stage of a rebound after a weak consolidation. The price has risen above EMA5, and the bearish momentum is further weakening. Global institutions and market makers are collectively accumulating at low levels, making a short-term rebound highly probable. The price is approaching the middle band of the Bollinger (90,698.3 USD), with very strong support. The medium-term upward trend remains unchanged, and now is the best time to position for a rebound.