BTC's latest quote is around $91,000, with a 24-hour price change of approximately -2.2%. The intraday low touched $90,635, primarily due to profit-taking adjustments following the ADP data release. From a technical perspective, although the price has broken below the 30-day moving average, the 120-day line still provides support, which is a typical characteristic of a pullback at higher levels. Currently, institutional investors show significant disagreement on direction. Some research institutions are bullish on 2026 trends, providing an annual target price of $150,000. Short-term trading should focus on two key points: first, whether the critical support level at $90,000 can hold, and second, how subsequent US CPI data will impact market expectations. It is recommended that investors maintain a cautious stance and operate with light positions.
BTC's latest quote is around $91,000, with a 24-hour price change of approximately -2.2%. The intraday low touched $90,635, primarily due to profit-taking adjustments following the ADP data release. From a technical perspective, although the price has broken below the 30-day moving average, the 120-day line still provides support, which is a typical characteristic of a pullback at higher levels. Currently, institutional investors show significant disagreement on direction. Some research institutions are bullish on 2026 trends, providing an annual target price of $150,000. Short-term trading should focus on two key points: first, whether the critical support level at $90,000 can hold, and second, how subsequent US CPI data will impact market expectations. It is recommended that investors maintain a cautious stance and operate with light positions.