BTC sitting at $60,328, barely holding after that dip to $59,753. ETH at $1,581, still weak. The market feels like it's waiting for a trigger. Gold is at $4,080, which is high and usually signals fear. The headlines about gold and silver dragging Bitcoin down make sense — when safe havens sell off, crypto gets hit too. The BIS warning about debt and AI boom fragilities adds to the cautious mood. On the technical side, MACD is showing some bullish divergence with an expanding histogram, but the EMA structure is still bearish and volume is weak. OBV is down, so no real conviction yet. The $59,626 support and $60,761 resistance are the key levels to watch. News wise, Binance saw over $400M in weekly outflows as MiCA deadline nears. Also, 50,000 BTC were deposited to exchanges at a loss — that's capitulation behavior. Galaxy CEO Novogratz thinks a turn in Alibaba could signal Bitcoin bottom, but that's a stretch. S&P 500 and dollar index aren't in this data, but USD/INR at 94.36 suggests the dollar is strong, which typically pressures risk assets. My view: This is a wait-and-watch zone. No clear direction. If BTC breaks below $59,600, we could see a deeper move. If it holds and reclaims $61,000, maybe a relief rally. But right now, the risk is to the downside. What do you think — are we in for another leg down or is this the bottom before a bounce? Not financial advice.

#Trading #Binance #Bitcoin #Ethereum #Crypto

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