BTC has been consolidating roughly between $85,000 and $90,000 recently, with resistance near ~$89,250–$90,000 acting as a ceiling for upside moves.
BeInCrypto +1
Short-term buying pressure has jumped, but the inability to sustain a daily close above key resistance suggests a range-bound market.
BeInCrypto
Sentiment & On-Chain
Market sentiment remains cautious, with some indicators signaling risk-off or “fear” conditions near the $86K–$88K levels.
The Cryptonomist
On-chain buying activity has been visible but long-term dormant BTC moving on chain indicates capital rotation, which can dilute momentum.
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