From a technical perspective, after Bitcoin received strong buying support near $86,800, it has successfully broken above the $87,700 level. The hourly and 4-hour charts both show a bullish alignment, with MACD crossing upward and trading volume increasing, indicating that short-term rebound momentum is still ongoing. As long as the price remains above $87,500, there is potential for further testing of the resistance zone at $88,300-$88,800 in the short term.

Market sentiment is gradually recovering after the non-farm payroll data disturbance. The USDT premium has rebounded, and the funding rate for perpetual contracts has turned positive, reflecting a shift from cautious to more bullish capital sentiment. The price has re-entered the upward daily channel since May, with key moving averages maintaining upward support, and the overall technical structure remains optimistic.
#BTC行情分析 $BTC
Operationally, it is recommended to focus on a pullback to buy strategy, paying close attention to the support strength in the $87,200-$87,500 area. Breaking above $88,300 could open up space above $89,000, but caution is advised due to potential volatility from US economic data releases tonight. Strictly set stop-losses below $86,800 to manage risk.