Looking at BTC's recent trend, the 89700 level has indeed played a certain support role, although the lowest touched was 89600, so the support strength is average. From a technical perspective, if there is manipulation by the big players here, they will definitely create a false breakout to harvest short-term sellers, but currently it doesn't seem that simple.

The key is whether the subsequent rebound can break through the resistance at 91500. If the rebound hits 91500 and gets stuck, then be prepared for a downward pullback. At that point, close attention should be paid to the performance around 88900, as this level could become an important support for the next wave of rebound.

Now it's just waiting to see how the market chooses. These three levels (89700, 91500, 88900 ), when connected, can basically help determine the recent trend direction.