Bitcoin is currently maintaining a rebound structure in the 15-minute cycle. The previously formed head and shoulders bottom has broken through the neckline (approximately 86600–86800) and has successfully stabilized, belonging to the "consolidation after a breakout" phase, not indicating weakness. Although the MACD momentum has declined, it has not crossed bearishly, and the volume structure also shows normal oscillation consolidation. The short-term rebound target first looks towards 87000–87300; if the volume increases and attacks, there is a chance to further reach the strong resistance area in the chart at 87800–88500.

Overall, as long as the price does not fall below 86500, the rebound trend will continue; if it falls below, it will enter a weak correction and may retest the 86000–85800 area.