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[Analysis: Bitcoin Faces Resistance at $87,000 for the Third Time, Breakthrough Requires Absorbing Selling Pressure] According to CoinDesk, Bitcoin encountered selling pressure in the $87,000 range, marking the third time it has faced resistance near $87,000 since September 23. The total cryptocurrency market capitalization has fallen back to approximately $2.93 trillion. Meanwhile, U.S. stocks performed strongly, with the Nasdaq 100 Index hitting a record closing high and the S&P 500 Index less than 0.5% away from its all-time high. However, U.S. Treasury yields continued to rise, with the 10-year Treasury yield climbing to 5.32%, nearing its highest level since 2002. FxPro analyst Alex Kuptsikevich stated that since early last week, BTC has formed a trend of "higher local lows," but the bulls have yet to gain sufficient upward momentum. The current price is approaching the apex of a triangle pattern formed by horizontal resistance and ascending support lines. If this pattern is broken, the market could experience greater volatility.

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