We are moving within the corridor and waiting :)

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Currently, we see consolidation in a triangle. The movement from below is limited by strong support in the 58-60k zone.

There was an expected spike above 60k to shake out liquidity from inexperienced long traders who overleveraged.

I don't see strength in buying yet.
There is a partial outflow of liquidity from Bitcoin.
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The chart shows both small participants (orange line) and millionaires (blue line) reducing their positions.

Meanwhile, the altcoin market cap index is quite lively bouncing back and clearly has found a local bottom.
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Most likely, in the coming weeks, we will see a significant redistribution of liquidity from Bitcoin to various altcoins. This is a usual scenario during Bitcoin's consolidation, which I expect at the current market phase.

스냅샷

I see no reason for dropping below the marked corridor. The seller is also exhausted. Bitcoin is oversold.
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