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#BTC rose to around 59,440 in the morning, indicating that the overall market performance is still relatively strong, with buying interest also entering at the lower levels. In the short term, caution is advised against a false breakout pattern. Support below is around 58,000.
Intraday, the outlook is for a sideways upward trend, with resistance at around 60,300. The 60k level still poses some psychological resistance.
If it cannot break through the 60,000 level, it will either drop directly to around 55,500 or pull back to around 58,000 and then continue to rebound and attempt to break 63,000.