Bitcoin's recent trend has been a very healthy cycle, without a significant breakout to the upside. After a pullback near 86,800 this week, it has been gradually rising. In the past few days, Jiang Wei has been continuously long around the bottom. The stone plate is heating up the entire scene. Painting a wonderful moment for 2025.

Currently, the technical structure on the daily chart shows a narrowing pattern, with the magnitude of decline and rise beginning to decrease. There is strong support at 85,000 below and resistance at 93,000 above. Although there is a 8,000-point space in between, it is relatively insignificant compared to before. The price is now testing the middle track resistance; if it breaks through, the bullish trend will continue. I believe this breakout is only a matter of time.

Personally, I am more inclined to be bullish. Intraday, I expect a pullback around 88,000-87,500 to continue the upward trend, with a target at the 90,000 level. Once stabilized, watch the 93,000 level.