Bitcoin surged past previous resistance levels in the early hours, reaching a high of around 88,000. Currently, it is consolidating near 87,800. This round of rally was accompanied by a significant increase in volume, and the price has stabilized above the previous consolidation zone, indicating solid buying momentum. The technical structure has shifted to a bullish trend.

The current hourly moving averages are showing a bullish divergence, providing firm support for the price. Although short-term indicators are entering overbought territory, potentially triggering a technical correction, as long as the price remains above the 87,500-87,800 support zone, any pullback can be viewed as an entry opportunity within the trend. The upward target for the near future can be seen in the 88,500-89,000 range, with 87,000 serving as a short-term dividing line between strength and weakness.