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Bitcoin's current market trend is indeed a bit chaotic, and the overall direction is not yet fully clear. From a technical perspective, a clear bear flag pattern has formed, and in the short term, it is likely to continue oscillating within this channel.
Regarding resistance levels, 90,500 is the first hurdle, and 94,500 is a stronger resistance level. Currently, the market is testing these two price points repeatedly, with both bulls and bears still fighting for control.
From a trading perspective, it is advisable to gradually deploy short positions within the range of 90,500 to 94,500. Although short-term fluctuations are inevitable, the overall trend remains weak. If a significant breakthrough above the key resistance can be achieved, it would be worth re-evaluating the bullish opportunities. However, based on the current technical pattern, shorting still has the advantage.