BTC fell below 88307 from the position of 90574, retracing to around 86827, and then quickly rebounded to the range of 87500-87850. Although the bullish trend is indeed established in terms of the pattern, the overall market is still fluctuating repeatedly without a clear direction.

The short-term strategy is to sell high and buy low, neither chase highs nor panic. Focus on the support at 86800-87100, with resistance capped at 89350-89750.

Once the consolidation is complete, it will surge upwards. The expected target for the first phase is the range of 89350-89750, and if broken through, the second phase looks towards 90600-91000. It should be noted that a pullback is likely to occur at the 90600-91000 position, so good risk management is crucial.