A confirmed Bitcoin [BTC] bottom typically requires alignment between technicals and on-chain data.  From a technical standpoint, the market is trying to hold a potential Bitcoin bottom around $60k, which would help avoid a deeper drop toward the $50k area. Over the past three days, BTC has been consolidating near $60k, with nearly $1 billion added to Bitcoin Open Interest (OI), showing increased speculative positioning and leverage building in the market.