Bitcoin is rising, but analysts warn of fragility.

Recently, while the price of Bitcoin showed a recovery towards $87,000, analysts point out that the market structure still remains weak. Following a sharp decline during the week, Bitcoin investors experienced a brief respite, but the current market situation still harbors uncertainties.

Over the weekend, Bitcoin (BTC) dropped to $81,000, entering the new week at around $87,645. This upward movement is being interpreted as a short-term recovery by most analysts. Limited liquidity in trading and disruptions on the flow side are among the factors increasing investor concerns.

Other major cryptocurrencies, such as Ethereum, XRP, and Solana, also experienced a similar slight recovery, and the total market capitalization rose by 1%. Vincent Liu, CIO of Kronos Research, described the current price level as a typical reaction seen after a selling wave, or "post flush bounce," and stated that he expects Bitcoin to consolidate in a tight range between $85,000 and $90,000. Liu emphasized that the price movements cause orders to be triggered easily. Additionally, the Crypto Fear and Greed Index indicates that the market is still tense; the index currently stands at 13 points, reflecting that investors are in a state of extreme fear.

BTC Markets analyst Rachael Lucas noted that it is a positive development for Bitcoin to remain above $86,000 in the short term, but the overall market structure remains fragile. According to Lucas, a sustained hold above $88,000 would signify a confirmation of a bottom formation for Bitcoin. Conversely, there is a risk of the price retracing back to the $80,000 level. Short-term investors are carefully monitoring funding rates and liquidation levels, while long-term investors continue to maintain their confidence due to network fundamentals and structural demand.

On the institutional side, Lucas emphasizes that what we are witnessing is a rotation of positions rather than an exit, pointing out the critical points that investors should pay attention to regarding potential price movements. This positive reaction in Bitcoin can only gain lasting value with the strengthening of the market structure.