Yesterday, Bitcoin touched 91350 and then experienced a bearish decline, briefly falling below $90,000. However, the price found strong buying support around 89,800 and quickly rebounded above 90,100. This deep V-shaped reversal with a long lower shadow indicates strong support below a key psychological level, and signs of exhaustion are emerging among the bears.

Currently, the price remains in a high-level consolidation zone above $90,000, and the overall structure has not been broken. The strong rebound after a quick dip reflects clear bullish defensive intentions, with the market consolidating around this area to prepare for a subsequent upward move.
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If the market can maintain steady above the $90,000 threshold with moderate volume, it is expected to attempt another rise toward the 91,000-91,350 region in the short term. Breaking through this resistance could open the way to test 92,000. The key risk point is if the price falls below the 89,800 low, which could prolong the correction, but the current market performance leans more toward a positive attempt after consolidation.