Bitcoin is flashing short-term warning signs and could slide back toward its recent lows, which is bad news for crypto traders in the near term.

• A small pullback in the US stock market is dragging on Bitcoin, which is losing steam after a month-and-a-half bounce.
• Bitcoin is stuck in a range between $60K and $67K, and a short-term bearish signal is now playing out on the charts.
• The key line to hold is around $62K — a daily close below it would likely confirm a new downtrend lasting weeks, possibly a month or two.
• A pile of liquidation orders sitting near $62.2K makes that level a magnet, so a dip to grab it is likely.
• Ethereum stays stuck between $1,800 and $1,970, XRP just made a new low and risks falling to 92–93 cents, while Solana and Chainlink hold mild relief bounces.

Outlook: Expect continued weakness over the next day or two, with a likely test of $62K; holding it keeps the relief alive, breaking it opens the door to the high-$50Ks.

## Bitcoin Levels

• **Bias:** Bearish short-term, bullish longer-term (weekly divergence still active)
• **Buy / accumulate:** Support zone $63.2K–$63.5K; deeper local lows near $58K–$59K
• **Sell / take profit:** Resistance $66K–$67K
• **Support:** $63.2K–$63.5K, then $62.2K–$62.4K, major support at $60K
• **Resistance:** $66K–$67K; upside liquidity near $65.1K
• **Targets:** Downside $62.2K liquidity grab, then $58K–$60K if $62K breaks
• **Invalidation:** Daily candle close below $62K (failing to reclaim it) confirms the bearish structure