Bitcoin (\u003cc-26/\u003e) continues to show weak price trends this week, after failing to reclaim the monthly volume-weighted average price (VWAP) again, fluctuating around $90,000 as the Federal Reserve cuts interest rates by 25 basis points. The market continues to suppress any effective push to break through $93,000, limiting bullish momentum.
Key points:
• A Bitcoin analyst pointed out that liquidity contraction is suppressing Bitcoin's upside potential, leading to weaker buying demand relative to selling pressure.
• The range of $94,000 to $98,000 remains a key liquidity-intensive area, but BTC must avoid forming a bearish structure below $88,000.
Liquidity contraction dominates Bitcoin market trends
Bitcoin approaches the key breakout threshold of $90,000