#BTC Main Rhythm Update



BTC effectively broke below 60K, hitting a low of 58K. The 60K support has now turned into resistance. The capital side is weak, with BTC ETFs continuing to see net outflows, and the market still lacks incremental capital inflows. Structurally, the ABCDE corrective wave continues, and the downside target for wave E focuses on the 50K-49K support zone.

Trading strategy: Monitor resistance performance near 60K, and consider taking short positions in line with the trend when appropriate. Be cautious of chasing shorts during sharp sell-offs to guard against oversold rebounds.
BTC0.37%
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