Yesterday, the Bitcoin icon fluctuated in a narrow range, with fluctuations of only over 1000 points, still within the 4-hour range of 83000 to 86000. We can only wait for the market makers to break the balance of the range.

From a daily perspective, Bitcoin is running above the 20-day line at 82700, indicating potential upward momentum. However, Bitcoin needs to choose to break above 86000 to reach the range of 87000 to 90000. So we are still waiting for a break of the range, but there is also the possibility of a downward breakout, so closely monitor whether the 20-day line at 82700 is breached. If it breaks, it will choose to break downward to test the bottom.

From a weekly perspective, the strong resistance level is near the 20-week line at 92500. This rebound for Bitcoin is approaching its end, and it will likely start to test the bottom again once it gets close to the 20-week line. Therefore, if Bitcoin chooses to break upward next, it is likely to be the final wave of increase, so closely watch for subsequent resistance and pullbacks.

Summary:

1. Bitcoin is still in the range of 83000 to 86000 in the short term. Breaking above 86000 would look towards 87000 to 90000, but remember not to chase high prices afterward, as it can easily face resistance and pull back.

2. If Bitcoin breaks below the 20-day line at 82700, then look for below 80000.

3. The Bitcoin rebound is quickly approaching its end, and the weekly trend still needs to test the bottom once.