From the current market performance, Bitcoin has encountered pressure again after hitting the key resistance level of 88500, which clearly reflects the concentrated release of selling pressure at this price point. The bullish momentum for further upward movement is evidently weakening. The price has failed to stabilize above the morning high and has instead fallen into a weak consolidation around the 88000 level, indicating a short-term market structure showing signs of weakening.

From a technical perspective, the rebound high points on the hourly chart are gradually declining, and the short-term moving averages have formed effective resistance, with momentum indicators like RSI continuously leaning towards the bearish zone. This situation clearly indicates that the buying power in the market is gradually diminishing, and the bears have begun to dominate the short-term market direction. In summary, the market should focus on the effectiveness of the support at the previous low of 87300: if the price continues to face pressure below 88000 and effectively breaks below the 87300 support level, it will officially confirm the continuation of the downward trend, at which point the downward space is expected to further expand. #比特币预测