Bitcoin failed to hold 60,000 and continued to fall in the morning. It is currently verifying the strong support position near 58,000. From the 4-hour level, there are signs of a spike, but it has not yet been completed. All this is unknown. The next 4-hour level will focus on the 60,000 mark. If it recovers 60,000, it means that the second bottoming out will be effectively supported near 58,000 again.

If the 4-hour level fails to recover the 60,000 mark quickly, there will be short-term shock adjustments, and the support position near 58,000 will continue to be verified later.