Bitcoin in the morning rose from 87200 all the way to 88200. Although the increase is not small, the overall rhythm still follows the old pattern—consolidation.

From a technical perspective, BTC is forming an obvious symmetrical triangle pattern, with room for fluctuations of about a thousand points both above and below. This situation is essentially a market multiple-choice question, with both bulls and bears testing the bottom line. Once the pattern reaches its tail, a clear direction must be given.

The key is how it will move next. If it can effectively break through the upper resistance, the rebound space will be quite considerable; conversely, if it breaks below the support, the downward momentum will not be gentle. In the short term, maintain a cautious and observant attitude, as waiting for the pattern to give a signal is more reliable than blindly bottom-fishing.