Bitcoin has recently maintained a narrow range within the USD zone, with real-time quotes fluctuating around $87,000 to $89,000. This volatility pattern is mainly due to the current sluggish trading volume—holiday effects have led to decreased market participation and significantly reduced liquidity.

From a technical perspective, Bitcoin lacks the momentum for an upward breakout and has not formed a sustained downtrend. Supply and demand are in a delicate balance, with bullish and bearish forces evenly matched, causing the price to bounce within this range. This range-bound oscillation is expected to continue until market liquidity recovers and major fundamental factors emerge.

Pay attention to the downside support at the $87,000 level and the upside resistance near $89,000, as these two price points will serve as short-term reference standards. Traders need to patiently wait for clear breakout signals rather than frequently testing within the oscillating range.