There was a significant shift on the Bitcoin front today. Last week, the market was completely gripped by fear: - the expectation was hovering around 57.5K - everyone was talking about 'Black Monday' - the timeline was in full-blown crash mode. But with Monday came a bit of a change. The 60K support held strong in its first major test, and the market experienced a serious short squeeze. Moreover, this move doesn’t seem to be solely driven by spot trading. Saylor's Strategy company re-upped on $BTC: 1550 BTC ≈ 98 million dollars. On Tom Lee's side: a $213 million buy for $ETH just came in. I think this is a crucial detail. Because last week, there was this narrative of 'institutions are fleeing'. Now, we’re starting to see large buys again. Investors taking profits from the US markets might flow into crypto! Additionally, there are significant changes on the Polymarket side. The likelihood of Bitcoin hitting 57.5K in June is starting to drop. The chances of hitting 65K are rising again. This tells us: the market might be stepping away from a direct collapse scenario and could accept 60K as support. But the critical point here is the 64K-65K zone. If BTC gets rejected here, the 60K support will be tested again. And second tests are usually more dangerous. 🚨🚨🚨 So, personally, I think it's too early to say 'the bottom is definitely in.' But still, the fact that 60K held in the first test was significant for the market. This week, with the CPI data coming in, it looks like the real direction will become clearer. 👀