Bitcoin's price remains near $88,000 after a volatile week marked by significant fluctuations between $85,000 and $90,000. Two major short liquidation events, each exceeding $300 million, propelled the price above $87,700. Analyst Amr Taha notes that while short liquidations can enhance momentum, sustained price increases require robust spot buying. Additionally, USDT transaction volumes on TRON and Ethereum networks have plummeted by 86.9% and 89.4%, respectively. This decline indicates tighter liquidity conditions, which may constrain further price gains for Bitcoin.