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Bitcoin slips after early rally attempt fails to attract follow-through
Bitcoin fell back toward $90,000 after a failed rally attempt, as weak demand and cautious positioning signaled limited conviction among short-term traders.
Bitcoin prices retreated toward the $90,000 level after an early rally attempt lost momentum, highlighting fragile market confidence. Traders noted a lack of strong spot demand and cautious derivatives positioning as reasons for the failed breakout. The pullback reflects ongoing uncertainty around near term catalysts, including macroeconomic data and regulatory developments.