#BTC


Went to 58k (essentially touched the low) and now buying back to 60–61k — to that same zone:
- hold 59.3–58k and return 61.3k — bounce to 64.3k, then 66.3k;
- lose 58k → opens the road to 56.3k.
For now, with BTC under 61.3k, any rise is a bounce after a dump, not a reversal.

Alts follow BTC, structures are weak:

#ETH - went below $1571, holding above the low of $1506. Return to $1571 — target $1640. Lose $1506 — $1467.

#SOL - still above support at $68.2, but needs to reclaim $72.2 for strength. Below $68 opens $64 and $60.

#XRP - squeezed between $1.004 and $1.065. Holds the dollar — attempt at $1.065, then $1.18. Lose $1.00 — $0.89.

#BNB - holds $559 but lost the ascending trendline that had been in place since February — the technicals have deteriorated. Resistance above at $596, below $534 opens the road to $497.

The external backdrop offers no relief: ETF outflows have been dragging on for several weeks, the Fed has tempered rate cut expectations after strong labor market data, the fear index is in Extreme Fear territory. Risk-off in the broader market and the AI sector adds pressure.

The conclusion is simple: everything hinges on 60–61k. Hold it — bounce, lose it — we go lower per the scenario. The rest is just commentary.
BTC1.12%
ETH1.41%
SOL11.58%
XRP1.41%
BNB2.41%
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GateUser-62340814
· 3h ago
Bitcoin corrected today below the psychological level, time to monitor the market with strict risk management.
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