The $BTC daily chart continues to test previous lows, with rebound green candles lacking volume support. Overall, the market is dominated by bears, and there’s no significant buying activity entering the scene for now. Not a good time to catch the bottom—there’s a risk of catching a falling knife. Reversal confirmation conditions: only when we see dense bullish buying green candles supported by volume can we expect a rebound and a potential trend reversal. Until those signals appear, the bearish trend remains dominant, and the market is likely to continue its slow downward movement. The 62,400–61,500 range serves as the key pivot zone. If support holds and doesn’t break down significantly, it’s an excellent low-buy opportunity, with the potential for a strong rebound ahead. If this support is decisively broken, the bullish logic becomes invalid.
