Bitcoin is once again stuck above 90,000. This is the third failed attempt to break higher, and the oscillation pattern continues. From a trader's perspective, although the downside space is indeed limited, taking long positions at this level is not very profitable—the risk and reward are completely mismatched.

My approach is as follows: in the short term, whether following a range-bound strategy or a bearish outlook, the 87,300 level is worth considering for short positions. Although the bullish prospects within this range are uncertain, the opportunity to short is more worth seizing.

Specifically, around 87,000, you can consider a light short position, with a stop-loss set at about 866 points. From a risk-reward perspective, this setup is relatively reasonable. Currently, Bitcoin is repeatedly testing whether it can break through 90,000; short-term oscillation remains the main theme, so there's no need to go against the trend and bottom fish at this level.