Recently, BTC spot prices have performed strongly, continuously oscillating above $91,000. From the open interest data, the number of long positions has remained between 1.34 and 1.36, indicating that the bulls have a slight advantage. As market funds flow in significantly, the total network open interest has increased by approximately 4% within 24 hours, with market capitalization share rising slightly to 58.57%. This consolidation of dominance, combined with the situation where some large-position addresses have shifted from loss to profit, injects strong bullish confidence into the market.

The internal community consensus that "BTC is hard to fall" is gradually strengthening, and FOMO sentiment is fermenting. Although some viewpoints remain cautious about short-term pullback risks, the support below is strong, and the downside is limited. In terms of capital rotation, signs indicate that funds are flowing from assets like ETH into BTC, demonstrating strong resilience in short-term battles. This concentration of funds further reinforces BTC's position as a market indicator.

Currently, BTC is at a critical point of confrontation between bulls and bears. Data analysis shows that if the price breaks above 93,000, the liquidation strength of short positions on mainstream exchanges could reach as high as $528 million; conversely, if it falls below the 90,000 level, long positions will face approximately $364 million in liquidation pressure. The scale of liquidations within this narrow range suggests that any breakout in either direction could trigger intense market volatility, and key price levels have become battlegrounds for both sides.

90,588 is regarded as a key watershed for the short-term wave structure. According to on-chain technical analysis, whether the daily closing can stay above this red downtrend line is the core signal for the official start of a rebound. If the price remains constrained by this resistance level, there is still a risk of short-term pullback. A breakout-following strategy should be adopted, with stop-loss set below the trend line, while closely monitoring the directional choice after next week's market liquidity recovery. #比特币2026价格预测 $BTC