Bitcoin is currently priced at 87,696, having steadily risen after breaking through the key resistance level of 87,000. Bullish momentum is showing a sustained accumulation. The 4-hour chart indicates a stepwise increase, and market sentiment is gradually turning positive.

Current pullback support has moved up to the 86,800–86,200 area, which has transformed from previous resistance into solid support. The key resistance above is at the previous high of 88,100, and breaking through this will open up upward movement towards 90,000–91,000.

It is recommended to continue going long if there is a pullback to the 87,200–86,800 range, with a stop loss below 86,000 and a target of 88,500–89,000. If there is a direct breakthrough of 88,100, one can decisively chase long positions, looking for levels above 90,000.

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BTCUSDT

Perp

87,588.8

+1.29%