Bitcoin holding $60.6k after that bounce from $59.5k support. That level has been rock solid so far. But honestly, the tape feels heavy. Volume is dead — only 0.21x average, and OBV is still pointing down. That tells me buyers aren't rushing in. MACD is trying to turn bullish with the histogram expanding, but the EMA structure is still bearish. Price is below the 20 and 50 EMAs. That's not a setup I'd chase longs into. Gold at $4,080 tells you everything about the macro mood. Risk-off is the theme. Dollar strong, equities under pressure, and crypto is just following along. News flow is mixed. The average IBIT investor is now down 40% — that's brutal. Whales are re-opening high-leverage shorts on BTC and ETH. Not exactly a vote of confidence. On the flip side, Tether is putting that $23B gold stockpile to work with bullion-backed loans. That's interesting for the gold-crypto bridge narrative. Sectors are all over the place. Layer1s up a bit, but AI and DeFi are bleeding. Breadth is weak — only 19 gainers vs 30 unchanged and 11 losers. My take? This is a wait-and-see zone. The $59.5k support is key. If it breaks, $58k is the next test. If we hold and volume picks up, maybe a relief rally to $61k. But I'm not betting on direction yet. What's your move — waiting for a clear break or already positioned?

⚠️ Personal analysis, not financial advice.

#Trading #Binance #Bitcoin #Ethereum #Crypto

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Disclaimer: My personal analysis, not financial advice. DYOR.