$BTC Bitcoin has broken through a significant support zone, indicating a potential downturn. Previous analysis suggested a target range for Bitcoin between 62k to 55k.

The current pattern, a rising wedge, typically leads to substantial Bitcoin declines. Despite recent increases from 42k to 74k over two months, there haven't been significant corrections.

Greed has hit an all-time high, reaching 90, alongside record-high open interest and funding rates. Altcoins have surged without retesting, and Bitcoin reached an all-time high prior to halving.

The market required this reset, with the major support at 65,000 now breached. Key support levels to watch are 62k, 60k, 58k, 55k, and 52k. There's a higher likelihood of Bitcoin revisiting the 58k to 55k zone before any upward movement. Ethereum is also expected to test support levels between 3200 and 3000. Additionally, the Alpha Community is expanding, sharing a top 40 list for the upcoming bull run.