The current price of BTC is 90700 dollars. Those who watch the market at this hour understand—market sentiment is a bit panicked. Many people have made plans, but when it comes to trading, they get timid and hesitate to place orders, indicating that their trading system is not fully practiced. Lack of execution leads to deviations.

In the short term, the main force will not stray too far from 91000, and it is likely to create a new range at this position.

On the daily chart, before the press release, the highest point reached 91130, while the lowest held the 90,000 integer level. The EMA15 fast line is pressing down on 91500, and the overall trend indicator is still pushing downwards, but the MACD has started to increase in volume. There is a divergence at the bottom of the candlestick, with two major indicators conflicting, which is quite interesting. The middle band of the Bollinger Bands has formed a significant resistance at 92600, and the pressure above is indeed heavy. It's normal for the main force not to be able to surge through at once; a pullback to gather strength before another surge is a common operation.

So in terms of thinking: hold onto long positions at low levels, don't be greedy with short positions at high levels, and be quick to enter and exit.

On the 4-hour level, a new round of box fluctuation is forming at the 90,000 mark. The bottom is at 90,000, with the EMA120 trend line stuck at 93,000 above. Further up, 94,200 is a key point to watch closely. The MACD is continuously contracting downwards, and the K-line is moving sideways at 90,000. This kind of compressed market condition is likely to lead to a contraction of the Bollinger Bands. The upper band has already come down to 92,800, while the lower band has moved up to 88,776. The short-term ascending channel is still relatively intact, and one can consider going long at the support position of the channel.

**Short-term trading reference:**

Market conditions are never 100% certain, stop-losses must be managed well, safety comes first, and the goal is to have small losses and large gains.

**Long Position Test Range**: 89900-89500, defense level 89000, stop loss 500 points. Target at 90500-91000, breakthrough at 91500-92000.

**Short Position Trial Range**: 93500-94000, defense level 94500, stop loss 500 points. Target looks at 93000-92500, breakout looks at 92000-91500.

The specific operations depend on the real-time data from the market; the article has a delay and is for reference only. Risks are to be borne by the individual.