《BTC: 60000 is Close at Hand, Yet Far Away》

Latest price 59866, +0.12%.

60000 is like a barrier; it touched it during the day, but got bounced back again. This line has been suppressed for three consecutive days, becoming the default boundary between bulls and bears. The news of MSTR nearly halving is still spreading; even Strategy can't hold on, and market confidence won't recover that easily.

Intraday high 61264, low 58110, a range of 3000 dollars. The volatility is not small, but the close still failed to break above 60000, indicating that bulls lack confidence, more like a natural rebound after a big drop.

MA5=61500, MA10=62611, MA20=63259, all three moving averages are pressing above the price. A textbook bearish alignment; to reverse the trend, first break above 61500. Today +0.12%, 7-day -5.77%, 30-day -19.58%, short-to-medium-term trends are all downward.

$BTC , 60000 has become the short-term strength-weakness dividing line. Only if it breaks above can we talk about a rebound; if not, 58000 will be tested again. In such a position, it's safest to watch more and trade less. Don't chase longs near resistance, nor shorts near support. Wait until the direction is clear before acting; there's no rush.