BTC is currently stuck in a high-level consolidation zone. Over the past couple of days, trading volume has shown little improvement, and the trend still appears to be in an observation phase.

From a technical perspective, there is a clear resistance zone between 88500 and 89500. If volume can break through this level, there is still a short-term chance to push above 90000. Conversely, the support levels are at 86000 to 86800. If these are broken, the bearish momentum could accelerate, with targets pointing to 84000 or even lower.

The most frustrating issue now is the lack of liquidity. During the holiday period, trading has been dull, and whether prices rise or fall, there is a lack of real explosive movement. Overall, the market remains mainly volatile. Therefore, rather than obsessing over the direction, it’s better to wait for a clear signal—either a volume breakout above 89500 to confirm a bullish trend, or a breakdown below 86000 to strengthen the bearish momentum. Waiting for these confirmation signals before making a decision is more reliable.