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BTC price is currently fluctuating between approximately $62,000 and $66,000.
* This week, it has fallen more than 15%, dropping to around $61,500 at one point, hitting a multi-month low.
* Market concerns mainly stem from institutional selling, the overall weakness of risk assets, and profit-taking pressure.
* Key support level: around $60,000; if broken, it may test lower levels.
ETH has fallen below $1,800.
* Some institutions have lowered their target price expectations for this year, and market sentiment remains cautious.
Today’s trend outlook
* Short-term (1-3 days): Still bearish, with weak rebound strength.
* BTC focus: support at $60,000, resistance at $66,000.
* ETH focus: support at $1,700, resistance at $1,900.
* If U.S. tech stocks continue to weaken tonight, BTC and ETH may face further pressure.