According to CoinMeta, as reported by Coinpaper, the current price of Bitcoin (BTC) is fluctuating around a median of $60,000, with traders focusing on the main resistance zones above and key support levels below. Technical charts indicate that the range of $69,000-$70,000 is a crucial bullish reversal area, while $57,000 serves as a key support level. If the resistance level is broken through, it could improve the weekly chart structure for BTC. However, if it weakens back to $57,000, it may increase the risk of a bear market. Analyst Gum pointed out that Bitcoin's current trend is similar to previous bear market cycles, and if the $57,000 level cannot be held, there could be a deeper downward risk, with potential targets at $53,000, $49,000, and $45,000.