Bitcoin is indeed showing some interesting signs on the 1-hour chart right now. The price is oscillating narrowly above a key support level, with trading volume gradually shrinking to recent lows. Both bulls and bears are temporarily in a state of balance.

From the market perspective, the resilience of the support level below is quite strong—each attempt to test lower levels has not shown signs of volume-driven breakdown, indicating that selling pressure is gradually being absorbed. Meanwhile, market sentiment remains cautious, and the stability of the chips is increasing. This pattern of stable prices with decreasing volume often signals that once buying interest re-enters, the price can quickly break out of the consolidation range.

Interestingly, this consolidation has been maintained above the recent strong rebound zone, with the lows gradually moving higher, suggesting that the underlying momentum of the bulls has not weakened—it's just a period of consolidation. This approach of using time to create space often lays a more solid foundation for the subsequent rally.

From a practical trading perspective, focus on the support capacity around $88,000. If the price stabilizes here and shows clear volume expansion signals, there is a good chance to test the resistance at $89,000. Currently, the market is at a critical point of energy accumulation; once the direction is clear, follow-up trades can be made.