BTC/1H

The current price is around 85000, staying at the upper end of the range structure, expecting to move into a converging oscillation next.

Returning to the market, it is clear that this is a typical price behavior in a trading range,

where selling high and buying low around the range is slippery. Focus on the key positions for long and short breakouts, as both sides are about to enter a critical point. If the bulls do not make a strong breakthrough counterattack, the risk of a break will increase. Until the upper and lower structures are established, operations should remain within the range.

Short opportunity: Rebound to the upper middle of the range, showing weakness and turning down.

Long opportunity: False breakout at the bottom of the range, reclaiming the range for a long.