Bitcoin has just completed a round of correction, with the price being fully absorbed at the key support level by buying interest, leaving the bears no opportunity to push lower. Trading volume has significantly shrunk at the end of the decline, indicating that selling pressure is almost exhausted, and this is currently a window for the bulls to launch a counterattack.

From the 4-hour K-line technical structure, the Bollinger Bands have already signaled a clear bottom pattern—immediate rebound after touching the lower band, with the Bollinger Bands shifting from expansion to convergence, a typical precursor of a trend reversal. The J line in the KDJ indicator has turned upward in the oversold area, indicating that the short-term rebound momentum after overselling is rapidly building. More importantly, the price precisely touched the previous upward trendline, forming a double support with the lower Bollinger Band, combined with the bullish divergence in KDJ and moderate volume increase, multiple technical signals are resonating perfectly. This multi-confirmation from technical analysis often indicates that the rebound strength will be quite substantial.

Based on comprehensive technical analysis, the probability of a strong rebound relying on the current support level is very high. In the short term, look for entry opportunities in the 91,600-92,000 range, with a key resistance target around 94,000. Of course, actual trading should closely monitor subsequent volume and candlestick patterns to ensure the trading rhythm stays in sync with the market.