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, currently trading at $73,590 (-4.38% over 24h), continues to demonstrate a certain stability around the $88,000 level. Although the price fluctuates within a well-defined oscillation zone, the market is not entering a critical phase but rather a period of gradual consolidation and capital redistribution.
The Market Structure Maintains Its Integrity
The market is currently centered around a low-volatility dynamic, indicating that we are experiencing a period of digestion rather than a structural break. Contrary to what might be feared, selling pressure has not triggered a systemic collapse. Key support levels around $88,000 remain robust, demonstrating residual market elasticity that should not be underestimated. This relative stability of the structural fundamentals suggests that market participants are not panicking but are gradually accumulating strength.
Gradual Absorption of Downward Energy
The current phase can be understood as an exchange of time for space: the market trades immediate volatility for gradual consolidation. Each wave of selling absorbs part of the selling pressure, thereby strengthening the foundation for a more solid technical rebound. The persistent elasticity of the market indicates that we have not exhausted bullish ammunition. Once the selling pressure is fully absorbed and volatilities converge further, the probabilities of a significant technical rebound increase substantially.
Likely Scenario Before the Lunar New Year
Based on the currently observed temporal and structural integrity, a return above $92,000 before the end of the lunar year remains highly probable. The current rebound is not accidental but rather the inevitable result of normal market functioning at this stage. In summary, after the initial downward trend wave, BTC enters a phase of technical recovery with a high probability of reclaiming higher levels during the Lunar New Year period. The key lies in maintaining this structural stability and gradually absorbing downward pressures.