#美国就业数据表现强劲超出预期 $BTC recent trend is quite thought-provoking. Staying above 88,000 for several days, it seems calm on the surface, but this kind of high-level narrow-range oscillation often indicates the real situation—it's not losing momentum, but rather the bulls and bears are exchanging chips at a critical point.

Liquidity indeed pulled back over the weekend, with intraday fluctuations around a thousand points or so, but the key is that the support below has remained solid. After yesterday's surge, there was no deep pullback; instead, it just oscillated sideways. This is a sign of strength—if no one wanted to take over the position, the price would have dropped sharply long ago.

From a technical structure perspective, Bitcoin repeatedly testing at high levels is a typical trend consolidation feature. The market bulls still hold the initiative, and the selling pressure from the bears has been absorbed in an orderly manner. The tighter the bowstring is pulled, the farther the arrow can shoot—right now, it's just gathering strength, waiting for liquidity to recover or for a new catalyst to trigger another wave of movement. The key point is whether 88,000 can hold.