BTC latest quote: $89,222.10, down 1.90% today. From a technical perspective, the short-term bearish momentum is quite fierce — the price has already broken through multiple key moving averages, and the RSI indicator has entered the oversold zone, which usually indicates an increasing likelihood of a rebound. However, there is a caveat: the entire moving average system still shows a bearish alignment, suggesting that the downtrend has not truly reversed.

Currently, it is a dilemma. Although oversold conditions may present a technical rebound opportunity, the overall trend has not changed, so the risk is indeed present. If you want to participate, it is recommended to take a light position and try long positions, rather than heavy holdings. Specifically, you can set a take-profit at 91,415.1 and a stop-loss at 87,787.2. It is advisable to stay cautious and wait for more definitive signals before increasing your position.