BTC this wave of market movement is indeed worth a good look; let's analyze the current situation from a technical perspective.

On the daily chart, the price has already broken through the short-term upward trend line and is currently oscillating between the 5-day and 10-day moving averages. Although the bears are currently in the lead—MACD has a death cross and the green histogram is expanding—don't rush to be completely bearish, because the EMA50 still holds at the 90200 level, and the current price remains above it, so the medium-term support is still intact.

Looking at the 4-hour chart, after touching the lower Bollinger Band at 89262, there was a rebound, but honestly, the rebound strength isn't very ideal. The RSI indicator has exited the oversold zone, indicating some short-term rebound momentum, but this doesn't change the overall weak pattern on the daily chart.

From a trading perspective, a short-term strategy could consider high sell and low buy. Specifically, if resistance is encountered around 92000, you can consider shorting; if the price stabilizes around 89500, you can consider buying on dips. If the price can effectively hold above 92000, then consider going long with targets between 92500 and 93000; conversely, if it breaks below 89500, be alert to the risk of a decline to 88000-88500.

Of course, the market is constantly changing, so these are just technical reference ideas based on the current situation.