Staying in a prolonged consolidation around 60,000 creates an illusion that this is the bottom, as it can't seem to fall further. On the other hand, the market's maintained buying here is also waiting for Trump to deliver positive news again. Although Trump's credibility has been zeroed out three times in negotiations, he is still mainly the president, and his words carry weight.

The key is that everyone needs to clearly understand that 60,000 is not the bottom. Don’t listen to any talk about a “rebound.” The area around 60,000 is only the bottom that most retail investors imagine. Any short-term price increases are just consolidation around this level. After a few months, when the U.S. stock market crashes and drags down the crypto market, that’s when the real bottom will be reached.