According to Material Indicators, FireCharts data reveals that a full ladder of BTC bids has been pulled, suggesting a potential retest of support levels in the $90k to $95k range. This indicates a significant change in market sentiment which traders should closely monitor for potential buy opportunities at these support levels.

According to Mihir (@RhythmicAnalyst), the Bitcoin 1-week (1W) timeframe is exhibiting a negative divergence, which suggests a bearish setup. This pattern may be invalidated if Bitcoin's price achieves a new high. The $90k (+/- 1k) range is identified as critical for this analysis.