6.28 Sunday BTC Midday Thoughts

Bitcoin is currently oscillating around the 60k mark. After breaking below the key level of 60,279, the resistance above suddenly increased greatly. Every time the price rises a little, it gets knocked down. Large options expire this afternoon, and the market is deliberately stabilized, so there will be no big ups or downs.
Looking at the chart pattern, the overall trend is declining, with prices consistently below the short-term moving average. Each rebound is very weak, with no follow-through on the upside, and heavy selling pressure on the downside. Every time it spikes, it quickly falls back, leaving long upper wicks, indicating many trapped longs above. Whenever it rises, people sell to exit.
Short-term support is at 59,500. If it cannot hold, the next important support is at 58,000. For the trend to improve, it must firmly hold above 60,279.
After the options settlement this afternoon, market volatility will increase. Currently, there are no signs of a bottom or reversal. The overall trend is weak, and it is more likely to probe lower levels.
Trading suggestion: rebound to the 606-610 range, consider shorting. Target: if 595 breaks, then look at 580$BTC $ETH $SOL