BTC currently reports 60,423.7 USDT, up 0.62% in 24h, but under multiple macro bearish pressures and whale large short positions, the rebound is extremely limited. $60k has turned from strong support to a resistance level, with the lowest point the previous day reaching 58,496 (a new low since October 2024), the overall trend is weak. Fed officials collectively turned hawkish, hinting at the possibility of one more interest rate hike this year. The May PCE soared to 4.1%, a three-year high, pushing back rate cut expectations to 2027 — this means risk-free rates remain high, and BTC as a non-yielding asset continues to be under pressure. In the short term, the 58,000–60,000 range forms a decisive battle zone for bulls and bears, with downside risk greater than upside potential.