$BTC After the big cake fell below the lower track support line of the convergence triangle for nearly a month in the early hours of last Saturday, the market trading focus shifted downward in the first three trading days, and the overall short-term trend was bearish, with prices approaching the secondary support levels of 60775 and 60660. The market approached the 60,000 mark twice before, and there was a strong technical buying to support the market, pushing the big cake to rebound quickly. However, the more times the market tests the support level above 60,000, the technical bargain hunting near 60,000 will eventually be exhausted. In other words, those who want to enter the market near 60,000 have entered the market and got on the bus, and the remaining question is who will pull the market. Often at this time, the market needs to clean up some people and get off the bus, so that it can go further. In other words, the more times the market tests the 60,000 mark, the greater the probability that the big cake will effectively break through 60,000 in the short term. The next approach to the 60,000 mark will increase this probability. Bitcoin's correction since the beginning of last week may end with an effective drop below 60,000, and then the market will gradually climb up until Bitcoin breaks through 73,777 to set a new high. Before Bitcoin effectively falls below 60,000, the market will be trading in the range of 66,867-60,660 (Binance spot price) for a period of time, with support below 60,660 and resistance above 66,867.