Currently, BTC is trading sideways below the main range, facing strong resistance in the short term, with technical indicators suggesting a potential pullback. The overall trend has not yet fully weakened, but upward momentum is limited. This analysis is primarily based on market conditions and cannot definitively determine specific future price ranges, only providing probabilistic directional forecasts.

Key Data
• Latest Price: approximately 89,714 USDT
• Intraday Range: 87,800-91,805 USDT, with a volatility of 4.46%
• Support Level: 89,248 USDT; Resistance Level: 89,651 USDT
• Daily RSI has reached 100, entering a severely overbought zone
• Fear and Greed Index: 24 (Extreme Fear)
• MACD and moving averages are in a bullish alignment, indicating short-term momentum, but there is significant overhead resistance
• Professional Analysis
From a technical perspective, BTC's current price is very close to resistance levels. The MACD shows short-term momentum, but the volume-price structure is weak, and the daily chart indicates obvious overbought conditions, suggesting a possible pullback soon. Market sentiment is affected by multiple bearish factors, including the uncertain regulatory outlook in the US, rising global risk aversion, and outflows of institutional funds, while on-chain data shows large holders (whales) continue to buy, but retail investors are exiting.
The "Digital Gold" narrative has recently been undermined, and BTC's price action is more reflective of a risk asset, moving in tandem with gold and US stocks rather than rising independently. Institutional views generally predict sideways trading in the short term and steady growth in the long term (some analysts mention the possibility of new highs in the second half of the year, but currently face macroeconomic pressures and technical adjustment periods).