Compared with yesterday, Bitcoin followed through by dropping to the key area around 82.5K, attempting to break through multiple times without success, then bounced back—reminding you that there is also good room for upside around this key level. Treat the range-trading box as range-bound.
At present, overall it looks like a consolidation phase after a push higher followed by a pullback. In the short term it’s slightly neutral. As mentioned earlier, the rally to 87K is not the start of a bull market; treat it as a short-term spike. For the short term, pay attention to this pullback around 82K–82.5K: if support is defended, expect choppy upward movement with a slight bullish bias. If it breaks down, then it should first turn weaker;