$BTC is in a short-term corrective phase after losing the 91,000–92,000 support region and flushing liquidity into the 89,200 demand zone. Price is currently stabilizing around 89,500, suggesting selling pressure is slowing but not yet reversed. The key support to watch remains 89,000–88,500; holding this zone is critical to prevent continuation toward 86,500. On the upside, resistance is clearly defined at 90,800, followed by a major supply area near 93,000. A reclaim and sustained hold above 90,800 would indicate absorption of selling pressure and open the next upside target at 94,500. Until that reclaim occurs, BTC is likely to remain range-bound and volatile. Structure currently favors patience, waiting for confirmation rather than anticipating a full trend reversal.