#GateTradFiExperience Bitcoin is currently trading near the 91,000 dollar zone and the market structure shows a phase of consolidation after several volatile sessions. Price action during the last few days has remained inside a relatively tight range between 91,300 and 93,300 dollars, indicating a battle between buyers and sellers. Traders are watching closely to see whether Bitcoin can build enough momentum for the next directional move.

From a technical perspective, several bullish signals are slowly developing. On the lower timeframes the RSI has started to curve upward from neutral levels, suggesting that selling pressure is losing strength. The stochastic indicator on the weekly chart has also printed a bullish crossover, a pattern that in previous cycles often preceded strong upside expansions. If history repeats, Bitcoin could attempt another leg higher toward the mid-90k region and possibly beyond.

Market sentiment has improved compared to earlier weeks. On-chain data shows that long-term holders continue to accumulate while exchange reserves are gradually declining. This behavior usually supports a supply squeeze and provides a foundation for future rallies. Funding rates on major derivatives platforms remain moderately positive, which means traders are positioning for upside rather than aggressive shorts.

However, caution is still required. Bitcoin is facing heavy resistance between 96,000 and 98,000 dollars. Each time price approaches this area sellers become active and volume fades. MACD on the daily chart is flat and has not yet confirmed a strong trend, reflecting indecision in the market. If buyers fail to defend the 90,000 support, a deeper pullback toward 88,000 or even 86,500 dollars could occur.

Volatility indicators also warn that a sharp move can happen at any moment. The Bollinger Bands are tightening, a condition that often leads to explosive breakouts in either direction. Traders should manage risk carefully and avoid over-leveraged positions while the market remains uncertain.

Key levels to watch:
Support: 90,000 – 88,000 – 86,500
Resistance: 96,000 – 98,000 – 102,000

Signal view: short-term neutral to bullish. A daily close above 96k would activate a strong buy scenario targeting 100k and higher. Failure to hold 90k would shift bias back to bearish consolidation.$BTC