$BTC The early morning drop halted around 57700 and quickly rebounded to 58900, indicating clear buying support near 57700. This area closely aligns with recent key support zones, and on-chain data shows selling pressure is weakening. Some analysts consider this an early sign of bottoming, with short-term bullish momentum building.

As long as the price can hold above 58500, the short-term structure favors the bulls. The 57700-58500 range can serve as a defensive zone for bulls. If it stabilizes here, a rebound rally can be anticipated, with the near-term target first at 59500, and a further break potentially testing the 60000 round number. If it can later break above 60000 with volume, the rebound room will expand further.

However, risks need to be noted. If the daily closing price falls below 57500, the above bullish logic will be invalidated, and further downside should be guarded against. In terms of operations, it is recommended to use 58500 as the short-term bull-bear watershed. Above it, maintain a bullish approach; if it breaks, adjust the strategy in time. #Gate完成141只股票股息派发 $BTC