Based on yesterday's trend, Bitcoin rebounded strongly after testing the 86,700 level, with the upward momentum continuously expanding. The price reached a high of around 89,000 before encountering resistance and pulling back. The current situation is a typical range-bound consolidation, and everyone needs to control the rhythm themselves.

From a technical perspective, the daily chart has formed three consecutive long upper and lower shadow doji patterns, indicating that both bulls and bears are competing, and no clear winner has emerged yet. The key levels to watch are the 90,000 integer mark and the strong resistance zone on the daily chart. The entire market remains in a wide-range oscillation pattern, with short-term prices fluctuating within this range. The pullbacks are not significant, and important support levels have not been broken, making continued consolidation more likely.

If you are trading short-term, the range of 87,000 to 90,000 can be considered as a trading space. Find the right entry points yourself, and remember to set stop-loss orders.