From the current market situation, Bitcoin's 4-hour chart shows that after gaining support around 87,200 in the morning, it has gradually stabilized and is now consolidating in a small range near 87,800. The Bollinger Bands are narrowing, with the middle and lower bands beginning to turn upward, indicating a clearer short-term support and resistance structure; the 1-hour chart shows that the pullback lows are gradually rising, and the bearish momentum is continuously weakening, with the downward pressure clearly diminishing.