BTC/USD Market Observation

Bitcoin continues to fluctuate within the established range, and the current key is to wait for a false breakout to appear. Once a false breakout is confirmed, the plan is to look for shorting opportunities at the critical level of $92,200 to re-enter the market. Structurally, although it previously broke above the upper boundary of the range, it then immediately retreated, and this rapid plunge warrants caution.

The current rhythm remains around the range, with repeated tug-of-war—neither forming an effective breakout nor breaking downward. Traders need to patiently wait for clearer signals and avoid rushing to chase rallies or blindly bottom-fish. Once the false breakout is confirmed, the area around $92,200 will become an important entry point for short positions. Such market repetitions often hide excellent opportunities.