📉 Last week, Bitcoin experienced a sharp correction, falling from a high of $66,587 at the end of September to $58,943 on October 10. However, the selling pressure has eased and BTC has rebounded quickly. On-chain data shows that the actual price of short-term holders (about $63,000) is a key resistance level, and a breakout may indicate bullishness, while a failure to breakout may retest lower support levels (US$59,000 or even US$55,000).

In addition, the Mt.Gox trustee extended the creditor repayment deadline to October 31, 2025, alleviating market concerns about a potential sell-off. What do you think? Chat in the comments section! 💬