$BTC showing a positive strength now and near to break it's strong support at 61,857. Once it break resistance, it will definitely hit 61k again and even down more.

Still in Consolidation phase.

Technical Analysis Report for $BTC /USDT:

Current price is $61,934.02, down by 4.23%. The 24-hour high is $65,524.01 and the low is $60,505.00. Resistance levels are at $62,624.01, while support is at $61,805.00.

For long trades, consider entering above $62,704.01, targeting $62,910.00 and $63,270.00.

For short trades, enter below $61,805.00, with targets at $61,405.00 and $61,130.00.

Monitor closely as trading volume is substantial, with 38,661.36 BTC and 2.43B USDT traded over the past 24 hours.

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