Bitcoin is currently under multiple layers of resistance. The EMA moving averages are continuously pressing down, the long-term downward trend line is also acting as a barrier, and the horizontal resistance around 88100 is stacked with several levels—simply put, the upward space is locked tight.

With the end of the month approaching, a trend reversal is imminent, especially against the backdrop of the Federal Reserve's repurchase agreement plans continuously affecting market liquidity. The movement of large funds has become even more subtle. If bulls want to get in, the strong support zone at 85300-85500 is a safer entry point. This area has withstood multiple tests and is highly resilient.

What about the support level at 86300? Unless you're truly idle, there's no need to wait around. If your fingers are itching, entering should be with a light position—don't go all-in gambling your life. Liquidity in the crypto market tends to be volatile during policy windows, so prioritize stability.