#数字货币市场洞察 $BTC Last night's rally was indeed stronger than expected.

According to the latest data from on-chain analyst Murphy: the 4-hour timeframe has deviated significantly from the moving average, and the current price is anchored around $89,923. Here’s the issue—the price has already reached the fourth resistance zone, and the room for further short-term upside has been noticeably compressed.

However, it’s not time to be pessimistic yet. The key is whether the $89,923 support line can hold. If this support is solid, there’s an even more important battleground on the daily chart: $93,958, which is the suppression point of the bearish trendline.

The real turning point is here: once the daily candlestick closes solidly above $93,958, technical indicators will shift from bearish to bullish, signaling that the rally on the daily level is officially confirmed. At that point, the upside opens up, and $95,604 and $99,108 become the next target prices.

What should investors do now? Staying calm and observing is more important than chasing the rally impulsively.

Keep a close eye on the strength of the $89,923 support. After the daily breakout above $93,958 is confirmed, consider entering in batches and ride the momentum of the rally. If you get the market rhythm right, opportunities will naturally follow.