Bitcoin (BTC) strategy highlights

Technical logic
Current price range: Bitcoin has entered a high-level consolidation (88,000-88,600 USD) after breaking through 88,000 USD. The daily line has continuously closed positive, showing short-term bullish dominance, but caution is needed for the selling pressure risk in the previous high resistance zone of 88,800-89,000 USD.
Key verification signal:
The support level below is between $86,500 and $87,500 (EMA50 moving average + trendline support). If it stabilizes upon retracement, it can be seen as a bullish entry opportunity.
If it stands firm at $89,000, it is expected to test the psychological barrier of $90,000; on the contrary, it may pull back to the range of $86,000-$85,000.
Operation Suggestions
Buy on pullback: Accumulate positions in batches in the range of $86,500-$87,500, with a stop loss at $85,000 and a target of $89,000-$90,000;
Breakthrough to chase the rise: If it stabilizes above $89,000, follow in with a light position, aiming for $91,000 (weekly resistance level);
High position hedge: Short line can test short at $88,600-$89,000, stop loss at $89,500, target back to $87,200.
Risk Warning
Whale addresses continue to accumulate in the range of $85,000-$87,000, but recently about 140,000 BTC (approximately $14 billion) was transferred from long-term wallets, which may trigger high-level sell-offs;
Macroeconomic disturbances (such as hawkish comments from the Federal Reserve and Middle East situations) may trigger risk-averse correlated market movements, and funds should be reserved to cope with extreme volatility. #BTC