Neutral-to-slightly-negative for crypto in the short term: Bitcoin is cooling off and likely to dip a little more before any bounce.

• Bitcoin confirmed a short-term bearish signal and is being pulled down toward a pocket of sell orders near $61K.
• A small dip is expected over the next day or two, not a big crash, to clear out that liquidity.
• The US stock market is flat and losing steam, which is dragging on crypto momentum.
• Most major altcoins are expected to follow Bitcoin down in the short term.
• Ethereum keeps rejecting at $1.8K and hasn't broken out; Solana and Chainlink are also stalling at resistance.

Outlook: A slight further pullback toward $60.5K–$61K is likely in the next few days, then possibly a bounce and recovery if stocks hold up.

## Bitcoin Levels

• **Bias:** Bearish short term (bullish longer term into year-end)
• **Buy / accumulate:** bounce expected around $60.5K–$61K after liquidity is taken
• **Support:** $60K (major, 3-day), $60.5K, possible minor support ~$61.5K
• **Resistance:** short-term weakness capping price near current levels
• **Targets:** downside dip toward ~$61K (60.8K–61.2K liquidity zone)
• **Invalidation:** a sudden stock market surge to new highs would trigger an earlier recovery instead of the dip