Bitcoin shows strong support at the $87,500 level, with multiple rebounds in the early morning testing this support and bouncing back, forming a clear boundary between bulls and bears. If the current price can hold steady at this level in the morning, the short-term structure will turn more bullish, with potential to push above $88,000 and further test the $88,500 to $89,000 range.

Technically, the hourly chart already shows signs of a gradual bottoming with rising lows, and strong buying interest below. If the short-term resistance at $88,000 is successfully broken, it could trigger short covering and bullish follow-through, opening up further upside space. Key supports to watch are $87,500 and deeper at $86,800.

Overall, the market's resilience above key support creates conditions for bulls, and the subsequent trend will depend on closely monitoring the defense at $87,500 and the momentum continuation after breaking above $88,000. Trading strategies could consider gradually building long positions on stabilization, while strictly managing risk. If volume-driven decline breaks below $87,000, a reassessment of the direction is necessary. #内容挖矿焕新公测开启 $BTC