Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC

🚨 Urgent Market Correction: 91,600 Fake Breakout (Bull Trap) Confirmed, Bulls Encounter "Trap"
Latest Situation:
诱多杀跌 (Fake Out to Trap Bulls): Just an hour ago (15:41), BTC was showing a "breakout upward" posture at 91,632, but within the following hour, it was violently sold off, dropping straight back to 90,423. This is a classic "Fakeout" or "Trap" market.
Market Sentiment Reversal: Long positions chasing gains above 91,500 were instantly trapped. The current decline not only wiped out the early gains of the European session but also broke below the intraday midpoint of 90,500. Market sentiment shifted from "Optimistic Breakout" to "Panic Rebound."
Dangerously Close to 90,000: Price has returned to the lower boundary of the weekend’s oscillation range. Note! The more times support is tested, the weaker it becomes. After the recent fake breakout, the downward momentum is usually strong, and the 90,000 level faces the most severe test of the week.
1. Support and Resistance Levels (Precise Calculation)
Short-term Support (1-3 days, Intraday Critical)
90,000 - 90,200: Lifeline (Cliff Edge). This is the last defense. If the European session continues to volume-drop below 90,000, newly entered longs may get trapped, triggering chain liquidations.
89,400 - 89,600: Pinning limit. If 90k is lost, this is the next liquidity zone for a pin.
88,500: Strong support at the top of the range. In case of panic selling, price will head straight here.
Mid-term Support (1-2 weeks, Swing)
88,000: Structural bottom.
86,000: Trend dividing line.
84,500: Major bottom.
Short-term Resistance (1-3 days)
90,800 - 91,000: Immediate resistance (Support-turned-resistance). An hour ago, this was support; now, after breaking below, it becomes resistance. If price cannot rebound here, short-term outlook is bearish.
91,600: Fake breakout high. Today’s highest point, and the heaviest trapped area above.
92,500: Strong resistance.
Mid-term Resistance (1-2 weeks)
93,500: Trendline resistance.
94,415: Previous high resistance.
96,500: Swing target.
2. Overall Analysis and Best Entry Strategies
Overall View: Currently at 90,423, in the "Inertia Downtrend after Fake Breakout" phase.
Bearish Logic: The 1-hour chart shows a very ugly "Engulfing Bearish Candle," indicating strong selling pressure above. Short-term momentum is downward; a rebound around 90,800 is a good shorting opportunity.
Bullish Logic: Although the pattern looks poor, 90,000 has not been broken. Bouncing from the lower boundary of the range remains the highest risk-reward strategy, but the risk is much higher than an hour ago.