[Analysis: Bitcoin Futures Data Suggests Bears May Target the $60,000 Mark] According to Cointelegraph's analysis, after Bitcoin's price repeatedly faced resistance in the $70,000 to $72,000 range and formed a series of lower highs, it has now broken below the intraday trendline, with short-term bears taking control. The liquidation heatmap shows a liquidity gap in the $66,000 to $60,500 range, which could act as a magnet, pulling the price quickly through to trigger stop-loss clusters below. Currently, there are still over $350 million in leveraged long positions near $60,500. If Bitcoin fails to rebound quickly above $68,000, the risk of testing the yearly low of $59,800 will increase. Trader Husky stated that Bitcoin's price has already fallen below the volume-weighted average price at $59,800, and the short-term market structure is weakening. Analyst EliZ pointed out that Bitcoin is currently consolidating within a descending channel near $66,500. If it breaks below this level, it may test the support zone between $63,400 and $64,600.