As you can see, Bitcoin is trying to break the resistance of 60,000 $, which shows the heavy selling pressure in the range of 60K to 61K $.
But both scenarios remain the same, keep an eye on the price of bitcoin to determine its trend. If the price moves down from the purple box, the red arrows will indicate the direction of movement.
But if the price continues to grow, it could reach the previous level of 62,000 $ in the first step.
In both cases, the market cap will be fast and high, given that the market cap has reached its maximum. Both in terms of price growth and in order to reduce prices.