BTC surpasses the $90,000 mark, with short-term trends diverging. Whether it can stabilize afterward remains crucial.

According to the latest news, BTC has broken through the $90,000 USDT threshold, with the current price at $90,014.5 USDT. This is an important technical breakthrough for BTC in recent times, but it is worth noting that the short-term trend shows clear divergence, with hourly gains while the daily chart remains in a downtrend. As the leading cryptocurrency by market capitalization, accounting for over 59%, BTC’s performance influences the entire market.

Significance of Key Price Level Breakthrough

$90,000 is an important psychological barrier for BTC. From a technical perspective, breaking through this level indicates that the bulls have gained short-term control. According to data, BTC has increased by 0.73% in the past hour, and this hourly rise has driven the price past this key level.

However, the sustainability of this breakout remains to be seen. Although the hourly chart is strong, BTC has still decreased by 1.12% within 24 hours, indicating that downward pressure on the daily chart persists. More notably, BTC has fallen by 9.12% over the past 7 days, suggesting that the recent upward movement may be a rebound rather than a trend reversal.

Behind the Short-term Divergence

From multi-timeframe data, BTC is currently in a typical short-term rebound state:

This divergence indicates market sentiment is divided. Short-term funds are pushing the price higher, but the medium-term trend has not improved. Whether BTC can hold above $90,000 depends on continued buying interest.

Market Position Remains Steady

Despite price fluctuations, BTC’s market dominance has not weakened. According to data:

• Market cap reaches $1.77 trillion, accounting for 59.16% of the entire cryptocurrency market
• 24-hour trading volume is $5.719 billion, up 19.04% from the previous day
• Circulating supply is 19,978,909 BTC, representing 95.14% of the maximum supply

The increase in trading volume is a positive signal, indicating that this breakout has attracted capital participation rather than being a false rally. As the largest market cap asset in crypto, BTC’s movements influence the entire market direction.

Key Focus for Follow-up

Based on current data, the following key points should be monitored:

1. Whether BTC can stay above $90,000 for more than 24 hours, which will determine the validity of the short-term rebound
2. Whether trading volume can continue to stay high, and if large buy orders keep entering
3. Whether the weekly trend can reverse downward, affecting the medium-term outlook

Summary

BTC breaking through $90,000 is a positive short-term signal, but the sustainability of this breakout remains to be validated. The divergence in trends shows the market is in a tug-of-war between bulls and bears; short-term bulls are fighting for control, but medium-term downward pressure still exists. Whether $90,000 can become a new support level rather than just a rebound high will be crucial moving forward. For market participants, paying attention to trading volume and daily chart performance is more meaningful than focusing solely on hourly movements.