Bitcoin stalls below $90,000; watch $88,000–$87,500 support, $89,800 resistance

Bitcoin attempted a rebound above $89,500 but failed to hold over $90,000, slipping back toward support. It is trading above $88,200 and the 100-hour SMA, with rising channel support near $88,100; a break below $88,000–$87,500 could deepen losses. Resistance stands at $89,150 and $89,800, with potential targets at $90,250 and $91,200.