The latest BTC quote is around $91,000, with a 24-hour change of approximately -2.2%. The intraday low touched $90,635, mainly driven by profit-taking adjustments following the ADP data release. From a technical perspective, although the price has broken through the 30-day moving average, the 120-day line still provides support, which is a typical high-level technical pullback characteristic. Currently, institutional investors have significant disagreements on market direction. Some research institutions are bullish on 2026 trends, giving a yearly target price of $150,000. Short-term traders should focus on two key points: first, whether the critical support level of $90,000 can hold, and second, how subsequent U.S. CPI data will impact market expectations. It is recommended that investors maintain a cautious stance and operate with light positions.