Brothers and sisters, it’s late at night, but these past few days of market action really won’t let people sleep! Looking at these two 4-hour candlestick charts, we have to admit it: this round of downtrend is extremely fierce—but it’s also entering the tail end of emotional capitulation!



Bitcoin - The 60,000 level is on the brink of collapse
Current situation: After sliding down all the way from the 74,000 high, the price is currently hovering around 60,180, just one step away from the previous low support at 59,739. The MACD has formed a bearish cross and is diverging downward; the green histogram bars are still expanding, indicating that bearish momentum is still very strong and hasn’t been fully released yet.

Key point: Tonight, pay close attention to the 60,000–59,700 range! If it breaks below this area, it could trigger a wave of panic thrusts; if it can hold, this zone becomes an excellent rebound starting point.

Altcoin (Yitia) - Breakdown to the downside, severe oversold

Current situation: Weaker than Bitcoin, it directly punched through the 1,600 psychological level and is currently around 1,567. Look at that long lower shadow—it suggests there are buy orders stepping in below, but the rebound strength is very weak. The MACD is also in deep water, indicating a severely oversold condition.

Key point: 1,550–1,560 is the last line of defense. Once it’s effectively broken, the downside space will open up to watch the 1,500 whole-number level! $BTC $GT $ETH
BTC-1.51%
GT-3.28%
ETH-5.82%
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GateUser-d6db127b
· 16h ago
Cannot hold the 6000 points! In half a year, it might drop to 3000 points!
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