89242 Bottom Rebound! How High Can This BTC Rally Go?

BTC's current price is around 92200. According to the BOLL indicator, after dropping to 89242.0, the price has rebounded and now stands above the Bollinger middle band. The upper band pressure at 91917.4 has been broken, while the lower band support at 90059.5 has formed a short-term bottom. The 1-hour rebound structure is now confirmed.

Net fund inflow is 817,600, and 24-hour trading volume is 65,800. Although there is a rebound, the volume has not significantly increased, indicating that bullish momentum has not been fully released. Be cautious of the risk of a pullback due to insufficient rebound strength.

Trading Suggestions

If the price holds above 92000, consider taking a small long position, set stop-loss at 90500, and target 93000-93500.

If the price retreats to around the Bollinger middle band at 90988.5 and stabilizes, you may also gradually build long positions. #BTC走势分析