#BTC/USDT: trades near $62,000, testing a critical support level. A break below $60,000 could trigger a drop toward $58,000, while resistance sits at $63,500. The RSI at 45 signals neutral momentum, with subdued volume indicating consolidation. Short-term bearish sentiment persists amid macroeconomic uncertainty (e.g., inflation concerns, Fed policy). However, long-term fundamentals remain strong, driven by Bitcoin’s halving-driven supply squeeze and institutional ETF inflows. Traders watch for a decisive breakout above $65,000 to confirm bullish revival. Caution advised due to volatility, but accumulation on dips aligns with a bullish macro outlook for 2024.