The Bitcoin rally and pullback this morning, combined with the current market being in a critical consolidation zone, suggests that a cautious range trading strategy should be adopted, with a focus on Risk Management.

Core Operational Thinking:
The current Bitcoin price is oscillating around the key level of $88,000, with intense competition between bulls and bears. The upper range of $89,000-$90,000 constitutes a strong resistance zone, and the morning's pullback has validated the selling pressure in that area; the core support below is at the $85,000 line. Data from the options market indicates that there is a "gamma wall" at $85,000, which may attract the price to test that area.

Specific Strategy:
1. Sell high and buy low within the range: It is not advisable to chase prices near $88,000. Consider reducing positions in batches or lightly shorting when approaching the resistance zone around $89,000-90,000; if the price falls back to the strong support zone of $85,000-86,000 and shows signs of stabilization, consider buying in batches.
2. Wait for breakout confirmation: If the price breaks below the $85,000 support with high volume, the short-term trend may weaken, and further correction risks should be guarded against. If the price strongly breaks through and stabilizes above $90,000, it may open up space for an upward trend.
3. Strict Risk Management: Recent market sentiment is panic-stricken, with frequent fluctuations. It is essential to control positions, set stop losses, and avoid heavy trading before the release of key data (such as the US CPI data on January 13, 2026).

I hope the above strategies can provide you with a clear perspective. If you could clarify your position (for example, whether you hold spot or use leverage), I can offer you more targeted Risk Management advice. #BTC行情分析 $BTC