Bitcoin's recent movement has been quite dull. Since last night, the price has been locked in a narrow range, fluctuating only a few hundred dollars up and down, and trading volume has also been sluggish. Looking at the candlestick chart, it does feel a bit sleepy.

However, such extreme convergence often hides a turning point. Market data indicates that the current situation is already quite clear.

**Where are the support and resistance levels**

The support below is at 87,313. Notice that when the price touched 87,313.2 at its lowest point, it immediately rebounded—this is no coincidence—there are definitely institutional buy orders here. The resistance above is at 87,546. Currently, BTC is like walking a tightrope between these two lines, with neither bulls nor bears having enough strength to break this deadlock.

**What are the indicators saying**

Interestingly, although the price is still weakly converging, the trend labels on the quantitative system have already started to turn. Yesterday, it was a red warning; now it has turned green, indicating that the downward momentum is waning. In other words, don’t keep shorting at this level; the trend may be about to change.

**How to operate**

In such market conditions, it’s easy to get caught in a back-and-forth trap, so treat the situation carefully. Bold traders can try a small position around 87,300 to catch a rebound, but if it breaks below, they should exit decisively. A safer approach is to wait for a volume breakout above 87,550 before entering on the right side.

Don’t rush; the longer the consolidation lasts, the more intense the move will be. Just be patient and wait.