Recently, Bitcoin's trend has given a clear sense of decline - stabilization - fluctuation. From the candlestick chart, the price has fallen from the previous high of 93,966 down to around 93,088, currently oscillating around 93,230.

From a technical perspective, the short-term moving average MA7 is at 93,275.9, and the long-term MA30 is at 93,299. Both are below these two lines, indicating that the bears are still in control. On the MACD side, DIF is at -7.4, DEA is at 4.2, and the MACD value is -23.2 — both the fast and slow lines are diverging below the zero axis. The green histogram has narrowed but remains expanding, indicating that selling pressure still dominates, though signs of gradual weakening are emerging.

In simple terms: the overall trend is still bearish, but there is a short-term possibility of a rebound and correction. The key level to watch is 93,299 — that is the resistance at MA30. Once it is broken effectively, the rebound space opens up. The lower support is at 93,088; if it cannot hold, a new downward wave will begin.

For aggressive traders, if the price breaks above 93,299, try a small long position with a stop loss below 93,088, targeting 93,500-93,700. Conversely, if it falls below 93,088, reverse to a short position with a stop above 93,299, aiming for 92,800-92,500.

More conservative traders are advised to wait and see, allowing the trend to become clearer. If they must act, wait for the price to break above 93,500 and stabilize before going long, or consider shorting if it drops to 92,500. Although this may cause some missed opportunities, it reduces risk.