BTC breaks below $61,000, $60,000 defense line in danger


Today's real-time data: 📉 BTC: $60,700 (down 2.7% from yesterday's close of $62,399)
📉 ETH: $1,674 🔴 Fear and Greed Index: 22, Extreme Fear
📊 From the May 28 high of $74,533: cumulative pullback -18.6%
The logic behind this decline is clear:
Two threads:
① Strong dollar, Fed's hawkish stance unchanged, dollar index rising, risk assets under pressure. Not just crypto; gold and the Nasdaq are under pressure simultaneously.
② ETF fund flows haven't stopped. Spot BTC ETFs have seen continuous net outflows recently. Institutions aren't buying; retail is holding the line — historically, this combination rarely leads to a quick rebound.
Today, keep a close eye on $60,000. This is a psychological round-number level and the last integer defense line for the bulls.
Once it breaks below effectively: technically, the next dense support zone is $57,000–$58,000.
Until a bottoming signal appears, don't chase the drop, don't catch a falling knife. Wait for ETF fund flows to turn positive or for a dovish signal from the Fed before talking about a rebound.
👉 What's your plan today?
A Wait and see for signals / B Add positions in batches / C Stay in cash and wait for a breakdown ·
Report in the comments (personal opinion, not investment advice) #BTC下探60000美元关键关口 $BTC
BTC-1.87%
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