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#SKHynixTopsKOSPIByMarketCap BTC breaks 60.000! 8 causes behind the sharp drop, and I’ll explain them thoroughly.
Coin holders have been having a very hard time lately. BTC has fallen more than 20% in a month, immediately breaking through the 60.000 level.
Bad news keeps piling up: MSTR purchases have dropped drastically + preferred shares detach from the anchor, damaging sentiment; ETFs continue to suffer massive net outflows; institutions are fleeing; the AI track is siphoning speculative funds; expectations of a Fed rate hike are heating up, pulling liquidity away. On top of that, the RUU regulatory bill is difficult to pass, selling pressure from miners, short-term funds moving out, plus resonance from the cycle.
Right now, the technical side is oversold, but a clear bottom signal has not appeared yet—don’t rush to buy the bottom blindly. Stabilize first. #BTC $BTC

$SIREN is forming a solid higher low base as buyers defend immediate support.
LONG $SIREN
Entry: 0.03350 - 0.03440
S.L: 0.03250
TP 1: 0.03660
TP 2: 0.03880
Full tp: 0.04060
Thesis:
* Double Bottom Structure: Bulls successfully established a firm bottom around the 0.03052 level and are now carving out a higher low structure.
* Resistance Reclaim Target: Price action shows clean accumulation on the 1h chart to fuel a breakout back toward previous key range highs.
Invalidation: Clean 1h close below 0.03300.
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