BTC is slowly drifting down toward the rising trendline, showing that buyers are still defending the broader uptrend despite the recent pullback. As long as price holds above this ascending support, the market structure remains bullish, and a bounce from this trendline would be the key trigger for upward continuation.
The major resistance remains the wide supply zone around $93.5k, which has repeatedly rejected price. A clean bounce from the trendline followed by a strong push into this zone could set up a breakout retest scenario. If bulls manage to reclaim this level with a convincing candle