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BTC is now at 60,000u. I've been watching this level for a long time. It was still above 77,000u at the end of May, and has dropped nearly 17,000u in a month. The decline is very sharp. During this period, there has been continuous large capital selling without stopping.
Now it has fallen to 60,000u. Historically, every time it reaches this level, there are always buyers. It is many people's psychological support.
But I think we shouldn't rush to enter now. Let's first see how it behaves around 60,000u. If it breaks below 60,000u and cannot hold, there is a lot of empty space below, so short positions should be maintained, targeting 57,000u to 58,000u.
If it rebounds with volume and holds firmly here, we can try a light long position, with stop-loss placed below 59,000u, first target at 62,500u. Wait for further community signals.
$BTC #btc