Last Friday, Bitcoin surged to 88,600 before turning downward. This false breakout ultimately failed to continue. As the weekend approached, the price did not continue to test the lows; instead, it hovered back and forth within the narrow range of 87,200 to 87,800, appearing somewhat powerless.

Currently at 87,677, honestly, this price level is quite awkward — it doesn't look like a strong breakout, nor does it show any decisive decline. The 88,000 to 88,200 zone above has formed a solid resistance, while the 86,500 level below still offers some support. Both bulls and bears are just battling it out there.

Liquidity tends to be quite thin over the weekend, especially on Saturday afternoons, when the market often feels particularly dull. This sideways, non-volatile situation tests traders' patience the most. Major funds are likely to create some small fluctuations during European or US trading hours to wear down impatient retail investors.

Until a clear direction emerges, this corrective oscillation pattern is expected to continue in the short term. The key is whether the price can effectively break through the resistance above or if it will test the support levels downward.