Bitcoin saw a strong surge, briefly breaking through 87,500, but after encountering technical resistance, the upward momentum slowed. The overall trend largely confirms previous expectations.

Current technical indicators have entered the overbought zone, suggesting the market is facing short-term adjustment pressure. From a technical perspective, the adjustment may take one of two paths: high-level consolidation or a technical pullback. The short-term trend leans towards downward movement, with potential for repeated spikes and pullbacks. It is worth noting that this adjustment is a technical correction and not a trend reversal, and it is expected to maintain a range-bound oscillation pattern. Daily operational suggestions emphasize positioning for pullbacks.

It is recommended to short Bitcoin around 87,000, with targets looking towards 86,000-85,500.