* Update Liquidation heatmap at current time of $BTC

1. High liquidity zone: Green and yellow bands represent large liquidity levels. These zones show large order concentration at specific price levels, which can affect the direction of BTC's movement. Specifically:
• The area around $60,000 - $61,000 has large liquidity, indicating strong support.
• The area around $63,000 - $64,000 is a strong resistance zone with many pending sell orders.
2. Current price movement: BTC's price line is fluctuating between $61,000 - $62,000, without a clear breakthrough, and is moving sideways around these levels. This shows the market's hesitation.
3. Short-term trend: BTC is likely to continue to fluctuate in a narrow range between $61,000 - $63,000 until there is a breakout from the high liquidity zone. Pay attention to the $60,000 area because if broken, BTC could fall further.

Conclusion:

BTC is likely to continue to move sideways in the short term with support levels at $60,000 - $61,000 and resistance levels at $63,000 - $64,000. If either of these levels is broken, the price will have a clearer trend.

$BTC The Bearish Engulfing candle (pictured is the candle with a yellow x on top) is a strong bearish signal. This candle appears when the red candle body completely covers the previous green candle, showing overwhelming selling pressure. The long tail (drained wick) shows that the buyers initially tried to push the price up but failed.

Upcoming Trend:

• Bearish: With this pattern, BTC is likely to continue to decline. The nearest support level could be $59,000 this week, if broken, it could fall further to $55,000 next week.

• Short-term recovery: If there is positive news such as low CPI, BTC could recover to $63,000, but it will still be difficult to overcome the resistance level of $65,000 due to strong selling pressure.