星球日报
星球日报|Oct 06, 2026 04:49
**[Analysis: Bitcoin's Three Failed Attempts to Break $87,000, Stronger Buying Pressure Needed]** Odaily Planet Daily News - Bitcoin is facing selling pressure, marking the third time since September 23 that it has been blocked near the $87,000 level. FxPro analyst Alex Kuptsikevich stated that since early last week, BTC has formed a trend of "local lows gradually rising," but the bulls have yet to gain sufficient upward momentum. The current price is nearing the apex of a triangle formed by horizontal resistance and an ascending support line. If this pattern is broken, the market could experience greater volatility. The total market capitalization of the crypto market has fallen back to approximately $2.93 trillion. Meanwhile, U.S. stocks are performing strongly, with the Nasdaq 100 Index hitting a new closing high and the S&P 500 Index less than 0.5% away from its historical peak. However, U.S. Treasury yields continue to rise, with the 10-year yield climbing to 5.32%, approaching its highest level since 2002. Market observers believe that for BTC to break through $87,000, sufficient buying pressure is needed to absorb the persistent selling pressure near this price level. Once it stabilizes above this threshold, it could potentially open up space to move toward an 8-month high. (CoinDesk)
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