BTC opinion:

The wedge pattern in BTC has been broken, and the M-top inside the wedge has also been confirmed. Additionally, it broke below the support at 59078, creating a lower low. The long consolidation zone marked by the red box has been invalidated because a lower low has appeared. Now, the lower boundary of the wedge serves as resistance for BTC, corresponding to the price of 59078. Only if it closes back above 59078 can it rebound upward, targeting the resistance zone of 60k to 60,636.
If it can return to above 59078, the hourly M-top will automatically be invalidated. To sustain a rebound, it must break through 60,636 to look higher. Only by breaking through 60,636 and forming a higher high in the consolidation zone marked by the white box can the rebound continue. If BTC fails to return above the 59078 resistance, the probability of breaking the previous low and creating a new low is very high. Only by returning above 59078 can the current downtrend be halted. Therefore, whether it can return above 59078 today is crucial.
If BTC breaks above 59078 with volume, go long on the right side. If the rebound reaches 60,695, take a half-position short on the left side, with a stop loss in place.
On the hourly level, if BTC breaks and holds above 59078, look upward to 60,000–60,695. If it cannot hold above 59078, it is ineffective.
On the 4-hour level, if it breaks below 58,326, look downward to 57,750–57,322.
Upper resistance: 59078–60,000–60,695
Lower support: 58,326–57,750–57,322.
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