BTC is starting to break down continuously, and the altcoins don't really want to follow, which has directly caused BTC's market dominance to plummet. Currently, the stablecoin issuance indicator is starting to lose effectiveness because the newly issued stablecoins might be used on a large scale for U.S. stock trading rather than crypto investments. Previously, despite so much bearish news, BTC never dropped below 60K and has always stayed above the last bull market's peak. So, I think the chances of it breaking below 60K are extremely, extremely low.