Bitcoin has officially lost its short-term structure and shifted into liquidity-seeking mode.\nAfter breaking the rising trendline, price sliced through supports with barely any reaction — a sign of forced selling, not healthy distribution.\nNow all eyes are on $60K–$55K, the key support zone: • High-timeframe demand\n• Strong historical buying\n• Obvious liquidity/stop cluster\nThis is where risk compresses and a local bottom can form.\nIf buyers step in, expect: • Relief bounce\n• Volatility contraction\n• Base formation\nLose $55K, and deeper downside opens fast.\nMarkets don’t bottom on good news —\nthey bottom when selling exhausts.\nStructurally, this is that zone.

BTC-2,36%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)