BTC Breaks Through 86k Resistance! The Key Battle at 88.2k Amid Bull and Bear Competition:
Will it hold at 90k or pull back to 83k? After oscillating in the 83k-85k range for four days, BTC broke through the 86k resistance this morning, validating the prediction of "continuing the upward trend after consolidation."
In the short term:
Support and Resistance: 85.5k has become new support, while 88.2k forms a strong resistance level. Those who have not entered the market are watching from the sidelines, while most bottom long position holders choose to hold and bet on the breakout;
Volume and Expectations: Daily trading volume continues to increase. If the news remains calm, there is a possibility of holding above 88.2k and pushing towards 91k-92k, but if a false breakout occurs, or if there is a quick pullback to 83k-85k, a new round of sideways movement may begin;
Opportunities for Capital Rotation: After mainstream coins break through, attention can be turned to smaller coins that have not yet rebounded —— some altcoins have already broken through the 4-hour oscillation range, and domestic funds have not yet fully launched, indicating a window for rebound.
Currently, there is significant divergence between bulls and bears at this level. Caution is advised when chasing price increases, while holders can decide on profit-taking or increasing positions based on the effectiveness of the 88.2k breakout. Aggressive traders can position themselves in undervalued altcoins to capture rotation dividends.
