On January 10th, Bitcoin's current price fluctuates around $90,600. The 24-hour range bottomed out at $89,343, surged to $91,838, showing a pattern of sharp rises followed by pullbacks and repeated oscillations.

Yesterday, the US non-farm payroll data was lukewarm, initially pushing the market to a high of $91,991, then profit-taking emerged, causing the price to retreat accordingly. The long upper shadow on the daily chart clearly indicates the issue—the selling pressure at the $92,000 threshold is significant, with bulls and bears repeatedly tugging at this level.

From a support perspective, $90,000 is a relatively strong bottom support, with the $89,000–$89,600 zone serving as the last line of defense for the bulls. The 4-hour MACD indicator currently leans bearish, but the daily chart still maintains a relatively bullish pattern, showing some inconsistency between the two timeframes.

Looking ahead to the weekend, it is likely to continue oscillating within this range. Short-term trading strategies should focus on defense and avoid excessive chasing of highs. Watch whether the price can break through the $92,000 resistance next week or if it will retest lower levels—this position is very critical.