Bitcoin's recent trend is indeed worth paying attention to. Yesterday, it pulled back from around $90,000 and is now oscillating between $87,000 and $88,000, making this price level a hot topic of discussion.

From a technical perspective, Bitcoin is holding quite steady at the $87,000 threshold. On the hourly chart, you can see multiple wicks below, indicating that buying pressure is indeed supporting the price — the bulls' strength is still there. The overall situation is a range-bound movement between $87,000 and $90,000, with no clear signs of a strong breakout in the short term; it feels more like sideways consolidation.

From a trading standpoint, you might consider trying to go long within this range, targeting $90,000. But at the same time, set proper risk management points; if the price falls below the $86,000 support level, it’s time to cut losses. Keep risk under control and look for rhythm within the range. Opportunities like this are still available.