Bitcoin faces a relatively clear resistance zone in the short term. For those looking to short, consider taking a small position when resistance appears around 91,500 to 91,800, with a stop-loss set above 92,200. The target should be the support levels at 90,200 to 90,500.

Conversely, if bullish investors want to participate, they should wait for confirmation of the 90,200 to 90,500 support before cautiously building a position. Setting a stop-loss below 89,800 is safer, and take-profit can be targeted at 91,500 to 91,800.

From a medium to long-term perspective, the current trend is still not very clear. The difference in EMA(99) is quite large, so it’s more prudent to stay on the sidelines for now and wait for a clearer trend signal.

However, if the market suddenly gains momentum and breaks through 92,500, you can lightly follow the bullish trend with a target of 94,000. Conversely, if it accidentally falls below 90,000, you can also take a small short position to see if it can reach the low of 88,000. The key is to control risk and avoid over-trading.