The short-term support level for BTC is around 67,800, and the short-term resistance is around 72,900. It’s unlikely to effectively drop below 60,000 in the next month, but it might rebound above 75,000. In a bear market, every rebound is just setting up for a bigger drop. Checked the on-chain liquidation data: if BTC breaks above $72,499, the cumulative short liquidation on major CEXs will reach $1.102 billion. On the other hand, if BTC falls below $65,691, the cumulative long liquidation on major CEXs will reach $902 million. The $60K - $80K range will be the weekly-level consolidation zone. If it doesn’t break below $60K in Q1 2026, it’s also unlikely to break above $85K. Everyone should trade within this range—buy low, sell high.