Four Core Supports for the Bullish Outlook Bitcoin / US DollarCOINBASE:BTCUSDDylanGoldmanFour Core Supports for the Bullish Outlook (Bullish Logic) 1.Macro Liquidity Support Remains Unchanged: The Fed's rate-cutting cycle is clear. Although short-term rate-cutting expectations have cooled slightly, the implicit quantitative easing effect continues to unfold, with funds still tilting towards risk assets. Strong buying support exists below 87,000, and the previous low of 84,000 forms strong medium-term support, effectively locking in downside potential. 2.Key Support Levels Solidified: 87,500 is the intraday trading range. Below, 87,000 is a key support level on the 4-hour EMA, and 86,200 is the 38.2% Fibonacci retracement level. These two support levels act as a buffer against further declines. Yesterday, multiple tests of 87,200 resulted in rapid rebounds, validating the support's effectiveness. 3.Leverage Risk Fully Cleared: Futures open interest is at an annual low, funding rates have returned to neutral, and there is no excessive leverage accumulation, eliminating the risk of a stampede caused by concentrated liquidations. The bulls have the fundamental conditions to build momentum for a rebound. 4.Short-term technical signs of a bottoming out are emerging: three consecutive positive days on the daily chart confirm a bottom, the price stabilized above 87500 at the close, the MACD golden cross is emerging after a period of reduced volume, and a bottom divergence structure has formed on the 15-minute chart, indicating that the market has the technical momentum for a rebound in the early morning. Bitcoin trading strategy buy：86500-87500 tp:89000-90000-92000