BTC/USDT

Current price is trading around 87,780, sitting in a tight range after rejection from the 89,000 area. Volumes are steady, not panic-level, which tells us this is more of a healthy consolidation than a breakdown. Buyers are still defending the mid-87k zone, while sellers are active near 88.8k–89k.

On the intraday structure, BTC is forming a compression range. These usually don’t last long — a directional move is coming.

Market view

Trend on higher timeframes remains bullish as long as price holds above the key support zone. Short-term chop is normal after such a move.

Long trade idea

Entry zone

87,300 – 87,600

Targets

TP1: 88,400

TP2: 89,000

TP3: 89,600

Stop loss

86,800

Short scalp idea (only if rejection confirms)

Entry zone

88,900 – 89,200

Targets

TP1: 88,200

TP2: 87,600

Stop loss

89,650

Trade plan

Wait for confirmation on 15m / 1h. If BTC reclaims and holds above 88,000 with volume, upside continuation is likely. A clean break above 89k opens the door for 90k+ next. If 87k fails with strong selling, expect a quick sweep to lower liquidity before buyers step back in.

If you want, I can turn this into a clean Binance-style signal post or a more hype-style market update for followers.

$BTC

BTC
BTCUSDT
68,433.9
+4.44%