Crypto friends, let's update the BTC market for the afternoon of March 7, 2025! It seems that Bitcoin has entered a phase of 'laziness' with sideways fluctuations, repeatedly bouncing in the range of 87800 - 88300. This market feels like being stuck halfway on a roller coaster, neither going up nor down, which is really frustrating!
The overall fluctuation range is between 87600 - 88580, with resistance at 89150, like a mountain that is hard to overcome; the support level below is at 87050, which gives the market a bit of a cushion. If Bitcoin can break through and stabilize above 88500 during this short-term fluctuation phase, there is hope for a continued rise to test 89000, like successfully passing a level in a game and opening the next one. But if it doesn't break through 88500 for a long time, it may fall back again and continue to 'lie flat' and fluctuate around 87000 for a while, which would be really exhausting!