#技术分析 Bitcoin repeatedly tests the $89,417 level. This wave of volatility resurgence reminds us of a core characteristic of the Web3 world—uncertainty itself is a process of value discovery.

From a technical perspective, BTC is currently oscillating within the $88,500-$90,600 range, with moving averages showing weakness and indicators remaining neutral. But I believe there's no need to be overly pessimistic. Every support test is an opportunity for market participants to reassess asset value. The $35.66 billion daily trading volume precisely indicates that both institutions and retail investors remain highly interested in Bitcoin.

This actually reflects a deeper phenomenon: in the era of decentralized finance, price fluctuations are no longer just about rises and falls but about the market constantly self-calibrating. DeFi protocols automatically adjust risk parameters through algorithms, DAOs respond to market changes via community voting, and the NFT market redefines value through scarcity—all built on a foundation of market liquidity and active participation.

In the next 48 hours, if BTC can hold above $90,600 and break out with volume, it could target the $94,000-$95,000 range; conversely, if it falls below $88,500, it may test the $80,000+ zone again. But regardless of volatility, each adjustment is laying the groundwork for the long-term prosperity of Web3.

Manage your risk properly and stay confident in the future.