Some Members Asking me Market Update: What’s Happening in the Market Right Now?
The crypto market is at an interesting point right now.
Bitcoin $BTC is still holding around the $85K–$86K area, but $87K continues to be the wall that bulls haven't been able to break. We've already seen multiple rejections from that level, so I don't think chasing a breakout here is the best approach.
What I like, however, is that BTC is still forming higher local lows. That tells me buyers are still stepping in on dips, even though momentum isn't strong enough yet to push through resistance.
For me, the key levels are simple:
🔴 $87K — major resistance
🟢 $85K area — important short-term support
🟢 Higher lows — bullish structure
⚠️ Losing the rising support could bring another pullback
If BTC finally gets a strong breakout above $87K and, more importantly, holds that level after the breakout, the market could start looking much more bullish.
But if $87K keeps rejecting price, I wouldn't be surprised to see BTC come back and test lower support before making another attempt.
$ETH is also worth watching closely. It is holding around $2.7K after a strong recovery, but it still needs to prove that this consolidation can turn into another leg higher.
The bigger picture is mixed.
#crypto has recovered strongly from the 2026 lows, but BTC is still well below its previous all-time high. At the same time, macro conditions, Treasury yields, the dollar and ETF flows can continue to create volatility.
So personally, I'm not interested in predicting every candle.
I'm watching the levels.
Breakout + confirmation = bullish.
Rejection + loss of support = caution.
Until then, patience is the trade.
Don't FOMO. Don't overleverage. Let the market show the direction first. 📊
What do you think will BTC finally break $87K, or do we get another rejection?
The crypto market is at an interesting point right now.
Bitcoin $BTC is still holding around the $85K–$86K area, but $87K continues to be the wall that bulls haven't been able to break. We've already seen multiple rejections from that level, so I don't think chasing a breakout here is the best approach.
What I like, however, is that BTC is still forming higher local lows. That tells me buyers are still stepping in on dips, even though momentum isn't strong enough yet to push through resistance.
For me, the key levels are simple:
🔴 $87K — major resistance
🟢 $85K area — important short-term support
🟢 Higher lows — bullish structure
⚠️ Losing the rising support could bring another pullback
If BTC finally gets a strong breakout above $87K and, more importantly, holds that level after the breakout, the market could start looking much more bullish.
But if $87K keeps rejecting price, I wouldn't be surprised to see BTC come back and test lower support before making another attempt.
$ETH is also worth watching closely. It is holding around $2.7K after a strong recovery, but it still needs to prove that this consolidation can turn into another leg higher.
The bigger picture is mixed.
#crypto has recovered strongly from the 2026 lows, but BTC is still well below its previous all-time high. At the same time, macro conditions, Treasury yields, the dollar and ETF flows can continue to create volatility.
So personally, I'm not interested in predicting every candle.
I'm watching the levels.
Breakout + confirmation = bullish.
Rejection + loss of support = caution.
Until then, patience is the trade.
Don't FOMO. Don't overleverage. Let the market show the direction first. 📊
What do you think will BTC finally break $87K, or do we get another rejection?
