1. Market Overview

The current BTC market shows a significant oscillating downward trend. According to the latest daily candlestick data, BTC is currently priced at 87,100.1, a clear pullback from the 14-day high of 90,588.2 (which appeared at 90588.2). Over the past two days, prices have continued to decline, with daily candlestick data indicating continuous pressure at the high of 88,620.8, failing to effectively break through the previous resistance zone. In terms of trading volume, the recent daily average has shown a downward trend, with the latest daily volume at 203.298, far below the previous day's 4,317.26 and the high-volatility phase's 14,194.8, indicating decreased market participation and activity. Combining analyst opinions, the short-term battle between bulls and bears remains focused around 87,700-87,800. "Now it depends on whether BTC can break through 87,800; this is a small resistance after this week's decline," indicating market expectations for a breakout in this range, but no significant volume-driven rally has been observed yet. On the news front, "Bitcoin whales transferred 230 million USD to exchanges, but BTC remains in a range," showing that major funds have not triggered a breakout, and market sentiment remains cautious.

2. Technical Analysis
From the daily candlestick perspective, the highest point in the past 14 days was at 90588.2, and the lowest at 84450. Overall, prices are in a wide-range oscillation, with a downward bias over the past week. Support levels, based on recent lows, are most importantly at 87,039.1 and near 87,000, with further support at 86,243.2, risking a clear breakdown if further below. Resistance levels are at 87,800-88,000 and around 88,573.1, which are key zones of bullish-bearish divergence. Looking at the 48-hour hourly candlestick, after repeated tug-of-war around 87,900, prices declined to 87,100.1. The hourly high was at 88,592.7, with recent lows repeatedly testing 86,934.7. Volume has repeatedly declined, with recent single-hour lows at 82.308 and 94.7316, indicating a lack of support for strong upward moves. The short-term trend shows continued decline with weakening rebound strength. Technical indicators like MA and RSI are not explicitly provided, but based on actual price sequences, the short-term trend shows no clear upward momentum, with weak rebounds likely to be followed by further declines.

3. News and Policy Interpretation
Recent market news focuses on ETF fund outflows, opinions from major players, and a slowdown in market rhythm. High-frequency reports mention "ETF outflows of 175 million USD, BTC price fluctuating within a range," directly reflecting the current low-volume consolidation pattern. Comparing candlestick data with news, ETF outflows and holiday effects have jointly led to decreased trading activity. Market "extreme panic" sentiment has not yet translated into deep panic selling (such as a crash from high levels), but capital remains cautious. On the policy front, publicly available information shows no new policy changes or regulatory announcements in the past 24 hours, past week, or past month, indicating a lack of positive policy stimuli. The absence of emerging policies leaves the market without clear guidance, further intensifying the consolidation pattern.

4. Analyst Opinions
Analysts generally focus on resistance around 87,800. "Now it depends on whether BTC can break through 87,800; this is a small resistance after this week's decline. If it breaks through, it could rally quickly; otherwise, it remains at the lower points. Don't miss the opportunity. Every time BTC reaches 87,800, it gets fooled—this is the third time. It probably won't fool again, right?" This indicates a market expectation for an effective breakout above 87,800, but recent data shows that the three attempts to push above this level have failed to sustain upward momentum, with prices still retreating. Strategy-wise, "The latest BTC long positions should be controlled at 60,000 USD and below, with 100x leverage at around 87,700 and 2% margin, then adding positions at 85,688, with take profits at 89,000-90,000-91,000, and stop-loss at 84,000," reflecting cautious testing without clear market support. In fact, based on recent two-day candlestick data, prices have not risen to 89,000 but have been gradually declining, indicating bulls lack support for further upward movement.

5. Future Trend Prediction and Trading Advice
Based on candlestick, volume, and market news analysis, short-term risks for BTC remain skewed downward: 87,000-87,100 has been tested multiple times, and if further broken, support at 86,243 will be further tested. The first target for upward rebound is 87,800-88,000, followed by 88,573. If volume significantly increases and prices steadily break above 87,800, short-term bullish targets could extend to 89,000-90,000. However, considering the current low-volume consolidation, investors are advised not to chase highs blindly. Trading suggestions: aggressive traders should closely monitor the breakout around 87,700-87,800; if volume and price rise together, consider increasing long positions with a stop-loss below 86,200. If prices fail to break through and fall below 86,200-87,000, it is crucial to cut losses and stay cautious to avoid further sharp declines.

6. Risk Warning
Recently, after BTC broke below 87,000, a sustained oscillating decline has formed, with trading volume continuously shrinking, indicating weakening trading enthusiasm and confidence. If support levels below are breached, further downside pressure will be significant. High-leverage or short-term traders should strictly set stop-loss levels, closely monitor volume changes and key price levels, and avoid blindly increasing positions or chasing rallies to prevent capital risks from sharp short-term volatility. In summary, BTC is currently consolidating weakly, with low trading activity, and caution is advised for a quick breakdown below support levels. Focus on the core struggle within the 87,000-87,800 range, patiently wait for volume changes and clear signals before making further decisions.