II. BTC (Bitcoin) Trend Structure



1. Short-term Trend (1–2 Weeks: Bearish Dominance, Weak Bottom-Finding)

- Daily: Broke below the 60,000 round number, price fully under pressure below the 5/20/50-day moving averages, descending channel opened

- 4H: Rebound highs gradually lower, forming a continuation pattern; oversold area has only minor technical bounces, no reversal signals

- Key Levels (Spot Reference)

Upper Resistance (Layered Resistance on Bounces)
First Resistance: 61,500–62,200 (intraday strong resistance on pullbacks)
Mid-term Watershed: 64,500–65,000, only reclaiming stability above this level can end the short-term downtrend
Strong Resistance Zone: 67,000 (50-day MA, bull-bear dividing line for this decline)Lower Support (Defense Levels by Priority)
First Short-term Support: 58,500–59,000 (short-term order absorption zone)
Mid-term Strong Support: 56,000–56,800 (previous consolidation bottom, important psychological level)
Limit Mid-term Support: 53,000–54,000 (depth target for this correction)
BTC-1.88%
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