Is $86,210 considered a high? The answer lies in the cycle

Many people see BTC at 86,210 and instinctively think "high." But in the crypto market, whether the price is high depends on which cycle you're in. If this is the middle of a main upward wave, then oscillating at a high level can actually be a healthy sign.
Currently, the moving average structure remains bullish, but trading volume is decreasing, indicating that funds are waiting for new catalysts. Strategically, I don't make one-time bets but instead view the 82,000–85,000 range as a medium-term defensive zone. As long as it doesn't break, the trend remains unchanged.

The real risk isn't in the price but in lacking a strategy.

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