Yesterday, Bitcoin rose again as expected, approaching 88000, and it is suggested to watch for 90K to take up two thousand points. Silk Road also clearly reminded us to watch for 90K, but it has not effectively continued in the opposite direction; this round can still be seen as first making a move followed by two waves.

Currently, Bitcoin has surged and then retreated again to fluctuate around 88000. Bulls and bears are still fiercely competing at this key level. The market is in a compressed spring state, and it is still advisable to pay attention to the support around 87000-87500 to attempt to catch a rise, still looking at the upper level near 90K.