Pal BTC Daily Market Report — 6.7 Chart 1: Daily Chart 1) After sweeping the 60K SSL, the market started consolidating over the weekend. 2) Last week’s drop was way too smooth. With the 60K sweep completing a key phase, the next levels to watch are 57.5K, 53K, and 49K. 3) I think we need some short-term consolidation here to rebuild liquidity, then wait for next week’s FOMC meeting. Since one phase is already complete, it’s time to take it slow and observe more. Chart 2: Hourly Chart 1) Let’s focus on 62K for now. If 62K breaks, I think we’ll test the 64K H4 bearish OB. If 62K is still rejected, the bearish outlook remains. 2) So for now, if you’re looking to short, set your stop at 62K. If you’re looking to go long, wait for a breakout above 62K and then buy on the retest.