We’ve seen a clear reaction from the $60,000 zone, and for now the market is showing signs of stabilization. This suggests that the downside move may be losing momentum and that we could be entering a range-bound phase.

The current scenario is to work within this range and look for entry opportunities targeting the $74,000 – $80,000 area.

A recovery and consolidation above $80,000 would be a strong bullish signal, but until that happens, the approach remains cautious, with $60,000 acting as the potential range low.