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Is BTC reaching 60,000 a temporary bottom or a consolidation decline?
Bitcoin has already experienced a volume-driven decline on the daily chart at this level, returning to 60,000. Currently, the strong support below is in the 55,000 to 60,000 range. The recent decline in this wave has seen increased volume, which indicates active trading activity below. Do you think more people are buying or selling at this level? Ethereum's daily chart also shows volume accumulation, and we should pay attention to the turnover at this level.
Summary: Not all bullish signals are necessarily positive, and not all bearish signals are necessarily negative.