BTC is currently fluctuating weakly within the 86k-89k range. Although the daily chart is bearish, there is strong support in the 85,500-86,000 area in the short term. The current price of 87,100 is in an awkward position, and shorting is not recommended.
Strategy: Wait for a pullback to the lower edge of the trading range (around 86k) to show signs of bottoming out before attempting a short-term long position, with a target of returning to the middle of the trading range.
Failure: If the price falls below 85,000, stop loss and exit the market; the downward trend will continue.
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