Looking at the recent Bitcoin trend, the 87,000 level has truly become a key point. The early session's resistance level has turned into strong support, combined with the resonance of the previous consolidation platform in the 86,500-86,800 range, forming a quite solid defensive position.

On the 4-hour candlestick chart, the price remains above all major moving averages, which are still arranged in a standard bullish pattern. What does this mean— the trend is still intact, and the bulls are still exerting effort.

The best illustration of this is the recent pullback. The price did not break below 86,500 but instead rebounded quickly. This fully demonstrates the strong capacity of the bulls to absorb selling pressure, while also exposing the weakness of the bears—downward momentum is clearly diminishing.

Ethereum and SOL are also brewing upward potential, and the overall market rhythm appears to be consolidating in preparation for a move.