Support is around 58,500 USDT

15-minute Trend
MA5 is moving downward and has crossed the MA10;
MA30 is flat;
Bollinger Bands are about to narrow;
KDJ and RSI are moving downward;

Day Trend
MA5 is moving downward and has crossed the MA10, but it has not crossed the MA30 yet;
Bollinger Bands are narrowing;
MACD runs below the zero axis;

Market Data
The long/short ratio of BTC Futures is 85:100;
Five out of the top ten addresses have inflows and five of them have outflows;
Fear & Greed Index is at 52;

Analysis
At present, the price is fluctuating at a comparably low price;
In the short term, 61,500 USDT is still the resistance mark;
Support is around 58,500 USDT;
You can sell short at around 61,500 USDT and buy long around 58,500 USDT.