$BTC has recently slipped below the key psychological level of 61,000, showing clear weakness in the short-term structure. The market reaction suggests that CPI-related uncertainty and macro fear are currently weighing on bullish momentum.
After multiple rejections near the 61K resistance zone, BTC has failed to hold above it, confirming a short-term bearish shift. If price does not quickly reclaim and stabilize above 61,000, further downside pressure is likely.$BTC
Key downside levels to watch:
60,000
59,300
58,500
58,000
From a spot trading perspective, the 58K–59K region may act as a potential accumulation zone. However, entries should be gradual and based on price reaction rather than aggressive buying.
Risk management remains crucial in the current volatile environment. Low leverage and strict stop-loss discipline are strongly recommended, as sudden market moves can still occur in both directions.
Overall, BTC is at a critical decision point where either reclaiming 61K could stabilize price action, or failure to do so may extend the correction phase further.
