From the current BTC market (13:07), in the short term, it is an “emotion-driven sharp rebound under news stimulus, currently in a consolidation and digestion phase.” Specific trend breakdown:

1. Short-term trend: Sharp rise followed by low-volume consolidation

BTC surged from 86,168 to 93,525 (over 7% increase intraday), but current net inflow is only 20.06 million (capital strength is weak relative to the price increase);
The 15-minute candlestick chart shows a divergence signal of “new price high with declining volume,” indicating insufficient momentum for chasing the rally in the short term. It is highly likely to enter a 92,000–93,500 consolidation range to digest profits.

2. Key support/resistance

Support: $92,000 (key level post-sharp rise today; if broken, may fall back to 91,000);
Resistance: $94,000 (previous minor high + today’s sentiment pressure level; breaking through requires new funds entering).

3. Trend nature: “Emotion-driven short-term rebound”

This rise is mainly due to news stimulus from Bank of America’s crypto allocation, not a signal of a long-term trend reversal. Whether the uptrend can continue depends on whether capital inflows persist and if BTC can hold above 93,000.