In the morning sharing, it was suggested that Bitcoin could be looked at near 87600, and it is currently in a winning position.
From the four-hour K-line chart, the market is currently maintaining a high-level oscillation and consolidation. Switching to an hourly view, the price has broken below the middle band of the Bollinger Bands, and the bands are showing significant signs of tightening. This technical pattern indicates that the bullish momentum is continually weakening, and the resistance level above is gradually becoming evident. In terms of intraday trading, it is recommended to pay close attention to the key support level of 86000. If this level is not effectively broken, consider short-term bullish trading.
In the afternoon, it is suggested to rebound to the range of 87800 and continue to watch for resistance at 86000.