Bitcoin's early morning dip was just a normal correction in the upward trend, not a sign of trend reversal. The buy orders around the 92,000 level remain quite strong, and the 120-day moving average also provides significant support. The Bollinger Band middle line has not broken, and on the daily chart, the MACD has formed a golden cross above the zero line and is converging, indicating that it is gathering secondary energy.

Looking at the 4-hour rhythm—although it temporarily broke below the EMA7 and EMA30—once it touched the 120-day line, the bearish momentum faded. The MACD showed bullish divergence, and after the KDJ became oversold, it started to turn upward. All these signals point in the same direction: the correction is likely coming to an end, and a bullish rebound is imminent.

In terms of trading strategy, the 92,000 to 91,500 range is a good buy zone, with a stop-loss placed below 91,000 for safety. On the upside, watch the 94,500 to 96,000 range. If this level is broken, the 100,000 mark won't be far away.