BTC just pulled off that classic fake-out move a few hours back. Now it's sitting comfortably above the 86.3k mark again after getting rejected there twice earlier. That level's been acting as a battleground.

Gonna be watching closely to see if this hold sticks. My gut says we'll see some grinding action upward as we roll into market open, then we'll know if bulls are really serious or just testing the waters. Price behavior around 86.3k will tell the whole story.