Bitcoin's recent trend is quite interesting. As of the observation time, the price remains at $87,854, but within these two hours, the entire market seems to have frozen. Looking at the 15-minute K-line, the price repeatedly fluctuates within a very narrow range of 87,760 to 87,930, with an average volatility of only 0.08%. The market is in a typical low-volatility state.

Volume-wise, there are no highlights. The recent few K-lines have not shown ideal trading volume, indicating no significant funds are secretly accumulating. The candlesticks themselves are small in real body, mixed with bullish and bearish lines, clearly showing that both bulls and bears are watching each other, unwilling to act first, as if waiting for a sudden signal to break the calm.

From a trading perspective, the current situation is actually a dilemma. If you are more aggressive, you can place breakout orders. If the price can increase volume and stabilize above 87,950 (the recent high), you can try a long position with a small amount, targeting 88,300 above. Conversely, if it breaks below 87,700 support, you can also take a small short position, with a probable target around 87,300.

But if you want to be more cautious, just don't act. Wait until signals on the 4-hour or daily chart become clearer, then choose your entry based on the direction. Honestly, in this market state, the risk-reward ratio of opening orders is terrible, and it's easy to get stopped out repeatedly. Sometimes, the biggest test of mentality isn't whether you dare to trade, but when to hold back. At this moment, patience is obviously more valuable than frequent trading.