#美国非农就业数据未达市场预期 Recently, the legal turmoil involving Federal Reserve officials has caused quite a stir in the market. Investors are beginning to worry that the stability of policy-making could be affected by political factors, and this uncertainty has directly boosted bullish sentiment in the crypto market.

BTC price subsequently surged, once breaking through the $92,500 level. However, behind this rally, there are subtle shifts in capital flows—spot ETF recorded nearly $700 million in net outflows last week. This indicates that institutional investors, while seeing a window of opportunity in policy, are choosing to remain cautious and have not followed the trend into the market.

From a technical perspective, the $88,000–$90,000 range is a key support zone. If this area cannot be held, the rebound may fade. Conversely, if the price can stabilize above $92,000, the upward potential after a breakout will be activated, with $96,000 as the next target.

The current market landscape is quite interesting—Asian funds are leading the buying, while major Western players are pulling back. The trend is mainly driven by trading volume during Asian hours, with less participation from European and American markets. Short-term traders should closely monitor Asian market movements, as they are likely to determine the next direction.

In simple terms, as long as the $90,000 support holds, the upward channel still has room to run; if that support breaks, risks need to be immediately managed. $BTC