$BTC /USDT pair experiencing a significant downward trend. After reaching a 24-hour high of $60,395.80, the price sharply declined, falling to a low of $58,112.00. The current price is $58,352, indicating a 2.93% drop within the last 24 hours. The volume for $BTC and USDT indicates active trading, reflecting high volatility.

The sharp red candles suggest strong selling pressure, breaking through recent support levels. Traders should monitor closely for potential support around the $58,000 mark, while resistance near $60,395 may challenge any recovery attempts. This movement highlights potential bearish sentiment, and traders may consider waiting for a confirmation of reversal or breakdown before entering new positions.

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