Intra-day, focus on Bitcoin's double bottom test at the 61,000-60,000-58,000 range to continue buying on dips. For intra-day rebounds, watch the 66,000-67,500 resistance, and around 67,500 can be considered for short positions.

I believe there are two main reasons for this rapid decline: first, institutions have been heavily dumping recently, directly causing the market to collapse and completely triggering everyone's panic sentiment, which led to a quick downward trend.
Second, the key factor is the Federal Reserve's interest rate meeting on the 18th of this month. The market is basically certain that there will be no rate cut this month. Whether they keep rates unchanged or raise them slightly, it’s all bearish news for our market. So everyone is leaning towards risk aversion and waiting, which has led to this deep correction.
But don’t panic, this panic selling in the short term is almost over!
My previous target for this correction was around 60,000, but I didn’t expect it to happen so quickly and to arrive ahead of schedule.
Our spot dollar-cost averaging strategy doesn’t need to change at all; now is a great low-price opportunity, perfect for gradually building positions in batches! #btc