By analyzing $BTC star lines, we can identify key short-term levels and potential bottom support points for the upcoming bear market.

Currently, at this position, there is a surge in volume around the 60,000 mark. I am no longer extremely bearish.
Because the 60,000 level has seen a massive volume spike, what does low-level volume usually indicate? Either panic selling or someone is accumulating. Combining this with the previous downward trend from higher levels, it seems more like—selling pressure above, accumulation below. You can interpret this as institutions distributing at high levels and replenishing at low levels. Continuing to be emotionally bearish at this point is no longer cost-effective.
In the short term, I lean towards this being a probable stage low.
If this turning point holds, the short-term resistance levels for a BTC rebound are around: 75,068, 79,787, with peak volume resistance near 80,216. Whether it can truly stabilize depends on volume support; until then, higher levels are not worth discussing.
Of course, if black swan events continue to cause drops, I plan to place orders at several key levels:
First order: 58,739 (previous bull market high and manipulation mark)
Second orders: 48,189, 46,216 (annual peak volume resistance lines)
Third order: 43,929 (area of concentrated chips after 2024)
Below 40,000, watch levels at 35,045 and 29,184, but honestly, there’s no need to look that far ahead right now.
In the short term, focus on the gains and losses at 64,168 and 62,909.
Holding these levels means consolidating the bottom;
Losing them means discussing deeper levels.
In the short term, it’s not appropriate to be emotionally bearish; structure is more important than opinions. #我在Gate广场过新年