I. Market Overview

Based on the recent 14-day daily candlestick and 48-hour hourly candlestick data, BTC's latest closing price is 91,290.6, showing a steady upward trend. Over the past two weeks, BTC’s price quickly rose from a phase low of 86,286 to 91,299.1, repeatedly breaking through the 91,000 mark on the hourly chart, with the main fluctuation range concentrated between 89,860 and 91,700. In recent days, daily volatility has narrowed, with yesterday’s trading volume at 2,078.58, which is lower than previous peaks (such as 32,078.7 at 1,764,547,200), indicating a short-term tug-of-war between bulls and bears, but with somewhat insufficient volume. Analysts’ opinions and recent major news reflect a positive market sentiment, with mainstream views showing strong bullish sentiment. For example, the news mentioned “BTC targets higher, consolidating gains, may attempt to break through $91,650,” reflecting the current strong optimism. However, the recent gains on the daily chart are slowing, suggesting that while bullish momentum remains, attention needs to be paid to resistance levels above.

II. Technical Analysis
From the 14-day daily chart, BTC rebounded quickly after plunging to 86,286, with bulls pushing higher consecutively, and the recent high at 91,760. The price has repeatedly tested the resistance in the 91,000-91,700 range. The hourly chart shows sideways movement around 91,300 several times in the past 48 hours. For support, a key short-term support is seen at 90,300-90,500 (double-verified by daily and hourly charts), with further support at 89,000-89,300. On resistance, the past three days’ highs have clustered at 91,700-91,760. A decisive breakout above this zone could open up new upside potential, with the next key resistance levels at previous highs of 92,692.4 and 94,150. Volume analysis shows that high trading volumes in the past 48 hours occurred during downturns (for example, 1,508.7 at 1,765,144,800), while upward moves saw relatively weaker volume, indicating cautious buying and some profit-taking.

III. News and Policy Interpretation
The latest market news “BTC breaks through $91,000, 24-hour gain of 1.75%” closely matches the actual candlestick trends, with several consolidations at this price on the hourly chart, indicating a sync between news data and price action. Other news reports large BTC transfers out of Coinbase, showing funds flowing to new wallets, possibly involving large institutional rebalancing. Although this has limited short-term price impact, it injects structural confidence into the market. Related policy information shows no new policy data released in the past 24 hours, week, or month, so there are no new fundamental variables, and price action remains driven by market fluctuations and sentiment.

IV. Analyst Viewpoints
Analyst “Golden Finger Gold Catcher” suggests “BTC EP: 86,500-86,000 TP: 88,000-89,500-91,500 SL: 85,000,” clearly targeting the 89,500-91,500 range, which closely matches actual price movements. Analyst “Big Hammer Contract Trader” holds a short-term bearish view, setting high short positions at 88,500, stop loss at 89,200, and target at 86,500-85,500. This aligns with the daily chart, which shows that while the trend is strong, there is a need for consolidation after short-term rallies. The “Brother Chen Contract Members Group” highlights the risks of chasing highs and has fully exited with profits, consistent with observations of declining volume at high prices on the chart. Overall, most mainstream analysts believe there is a tug-of-war near current levels and advise risk control and caution against blindly chasing the rally.

V. Future Outlook and Trading Suggestions
Based on candlestick data, if BTC can decisively break through the recent daily highs of 91,700-91,760, it could strengthen further, targeting previous resistance at 92,692.4 and 93,430. If it fails and pulls back, key support is at 90,300-90,500; a break below this level would shift focus to 89,000-89,300, and further to 88,000. Trading suggestions: aggressive short-term traders can buy low and sell high in the 91,000-91,300 range; if there is a breakout above 91,760, consider following the trend, with stop-loss recommended below 90,000. If 90,300 is breached, stop loss decisively to avoid deep pullbacks. Mid- to long-term investors can wait for the price to stabilize above 91,700 before entering and strictly control position sizes.

VI. Risk Warning
Recent candlesticks show frequent BTC volatility, with volume shrinking after hitting highs and the price liable to corrections at any time. There is currently significant disagreement between bulls and bears, so beware of false breakouts or rapid pullbacks. Investors are advised to set strict stop-losses (such as at 90,000 and 89,300), avoid heavy positions when buying at highs, and guard against losses from major pullbacks. There is no new policy news, so the market is entirely driven by short-term sentiment; maintain vigilance and risk awareness at all times.