Market Analysis of BTC/USDT;
It is currently trading around 90,824 on the daily timeframe, showing signs of consolidation after a recovery from the 80,600 showing a short-term rebound within a larger downtrend rather than a confirmed trend reversal.
Momentum is neutral to slightly bullish in the short term, but clear confirmation is still needed. A sustained move above the 98,000 level would be required to shift the broader trend bullish, while failure to hold current support would keep BTC exposed to further downside.
