• $BTC Price action: BTC tests $60K support zone with current price at $68,932.65, down 2.03% in 24 hours

  • Technicals: RSI shows neutral momentum, key resistance at $69.4K-$70K, $60K support critical due to $1.24B put options

  • Catalysts: Binance buys $1B BTC for SAFU, Goldman Sachs holds $2.36B in crypto ETFs, ETF outflows continue

  • Sentiment: Fear & Greed Index at 12 (Extreme fear), whale long/short ratio at 0.32, top traders show net buying bias 

Market Status

  • BTC trades at $68,932.65, down 2.03% in 24 hours and 26.37% over 30 days, with market cap at $1.377T

  • 24-hour trading volume reaches $34.73B, with Bitcoin accounting for 58.81% of total crypto market dominance

  • Fear & Greed Index hits 12 indicating "Extreme fear," while ETF data shows net outflows of $671.4M over three days

  • Binance Spot data shows 58 gainers vs 383 losers, indicating broad market weakness despite Bitcoin's relative stability

Trading Strategy

  • Key support at $60,000 is critical due to $1.24B in put options on Deribit, creating potential liquidation cascade below this level

  • Resistance levels at $69,400 and $70,000 must be breached with volume expansion to confirm bullish reversal

  • Technical indicators show mixed signals: RSI in neutral zone, price below all major EMAs (20-day, 50-day, 100-day, 200-day)

  • $BTC Consider accumulation in $68,000-$70,000 range with tight stop-loss below $66,000, targeting $74,124 (20-day EMA) on breakout

  • MACD shows bearish crossover, requiring confirmation above $70,000 with increasing volume to shift momentum

    #BTC #BTCFellBelow$69,000Again #BTCVSGOLD #BTCFellBelow$69,000Again #BTC走势分析

    BTC
    BTCUSDT
    66,273.3
    -1.64%