#比特币价格波动 The market clearing signal is very clear; we need to look at this rebound from two perspectives.

On one side, investors are cutting losses and exiting, realizing a loss of $511 million compared to a profit of $312 million. What does this indicate? It shows that the bottom is being tested. Historical experience tells us that this kind of "surrender sell-off" often means the correction cycle is nearing its end, the market has undergone sufficient clearing, and a foundation is being laid for a healthy subsequent rally.

On the other side, looking at the current situation: Bitcoin rebounded from a strong support of $88,000 to $92,000, with the 100-hour moving average maintaining a bullish structure. Spot ETF funds are flowing back, and institutions are starting to rebalance for the new fiscal year—these are solid foundations for a genuine rebound, not just emotional hype.

In the short term, holding the key support at $91,500 is crucial, with resistance at $95,000. Once this wave stabilizes, the logic for hitting new highs in Q1 will be established. For us traders, more importantly, the completion of the bottom clearing means project funding environments will improve, and new project airdrops will gradually become more active.

Now is a great time to accumulate and interact. Good projects are launching at this stage. Don’t be scared by short-term fluctuations—interact when it’s time, participate when it’s right, because the cost is always at its lowest.