BTC just touched $60K again, sitting at $59,716 now. Up 2.25% on the day but still stuck in that $57.8K–$61.3K range we've been watching. Volume is weak though — only 0.11x average, and OBV is still trending down. That tells me this move lacks conviction. Gold stabilized above $4,000 after Fed's Warsh said inflation expectations eased. That's a subtle signal — rate hike urgency might be cooling. Dollar index is steady, no major moves there. S&P 500 is still risk-off vibes. Fear & Greed at 19 — extreme fear. That's usually a contrarian signal but not when volume is this low. Market breadth shows 19 gainers, 10 losers, 30 flat. Not exactly a stampede. SOL is the standout today, up nearly 5% to $77.14. Rest of the majors are just following BTC's lead. On the news front — Robinhood rolling out its own blockchain and expanding crypto to UK residents. Ethereum Foundation pushing institutional use cases. But the big story is still Bitcoin's $57K slide and whether $60K holds. If we lose $59K support, $57K is next. My take: This is a wait-and-see zone. No clear direction until volume picks up or we break one of those strong support/resistance levels. Could go either way. What's your move — waiting for a clean break above $61K or buying this dip?
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.
⚠️ Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.