BTC current price is about 90,000. Today's technical outlook can be summarized in one word: wait.

Although there is significant short-term volatility, the daily chart remains bearish, and there are no signs of a breakout on the 4-hour chart. At such times, the worst thing to do is to act impulsively. It's better to wait for a breakout signal before deciding on the direction.

**Support and Resistance Levels**

Looking downward, the 87,200-87,800 range is a strong support zone, with the lower Bollinger Band also nearby. Going lower, 87,200 is the intraday low. Looking upward, 90,500-91,000 is the first resistance, followed by 91,500-92,000, an area heavily shorted.

**What do the indicators say?**

The daily chart shows consecutive bearish candles, RSI has fallen below 40, indicating that the bulls are struggling. On the 4-hour chart, volume is increasing, but the sharp rises and falls are obvious, indicating a consolidation phase. RSI fluctuates between 40-50, with no clear overbought or oversold signals. The short-term moving averages on the daily are pressing down on the price, with resistance at 90,500-91,000, and further resistance at 91,500-92,000.

**How to trade?**

A rebound to 90,500-91,000 can be used to gradually short, with a stop loss at 91,500, targeting 89,000 and 88,000. Conversely, if the price pulls back and stabilizes at 88,300-87,800, consider taking a small long position, but stop loss must not be below 87,200. Targets are 89,500 and 90,500. If the psychological level of 90,000 breaks, follow the trend with a small position, chasing upward. Conversely, if it falls below 87,200, consider shorting and see how low it can go—possibly testing 86,000-85,000.

**Risk management is key**

Keep individual position sizes within 5%, with stop losses set at 1.5% to 2%. Instead of chasing every move, wait for confirmation of a breakout, which can improve the win rate.

Also note that mining difficulty has decreased by about 4% today, which will impact the hash rate ecosystem. Keep an eye on the hash ribbon movements. Geopolitical and macro risks still exist, and volatility may be amplified, so always rely on price breakouts and trading volume to confirm the trend.