Currently, Bitcoin continues to face pressure after reaching the key resistance level of $88,100. The price is fluctuating within a narrow range of $87,000-$88,000. Multiple failed attempts to break through indicate significant selling pressure in this area, and the market lacks effective buying momentum to push the price higher. The sideways consolidation at high levels suggests that short-term bullish momentum is waning.

Structurally, the price has been unable to stabilize above $88,000, and the center of oscillation has not shifted upward, forming a potential stage top pattern. If the subsequent market effectively breaks below the lower boundary of the $87,000 range, it may trigger further correction, with the target possibly pointing to the support zone of $86,000-$85,500.

Overall, until a volume breakout above the strong resistance of $88,100 is achieved, the market remains in a biased bearish consolidation pattern. Traders should be cautious of the risk of price falling back to the lower end of the range, with particular attention to the defense of $87,000. If this level is broken, the short-term correction space could expand. #2025Gate年度账单 #加密市场小幅回暖 $BTC