Trading Moments | Co-produced by PANews and @BITstocks_CN BTC has been dropping for six consecutive days, briefly falling below $63,000 during trading, and losing the $64,000 200-week moving average on the weekly chart. The market is now focused on the $62,500 support level and the $64,500-$65,000 resistance zone. Despite cooling CPI and PPI data, BTC has yet to show a strong rebound. Ash Crypto suggests caution after the daily trendline was breached, warning of potential further pullbacks; the options market's max pain point is at $64,000, with a 30-day price range of just 5.6%. The market is waiting for a directional breakout. BIT's perspective is that in the short term, it's still necessary to monitor whether potential selling pressure clears and if ETF buying can make a comeback.