BTC Technical Analysis

Currently, BTC is trading around $87,400, and it seems to be oscillating at high levels, with neither the bulls nor the bears providing particularly clear signals.

From the candlestick structure, the situation is as follows—

Looking upward: The previous high point faces quite obvious selling pressure; breaking through it would generally require a surge in volume, otherwise, it may fluctuate repeatedly.

Looking downward: The $86,500 level is very critical and serves as an important short-term support. If this level is broken, the overall bullish outlook will need to be reassessed. However, as long as it holds, the structure can still be considered relatively strong.