According to @intotheblock, Bitcoin is showing minor signs of recovery, gaining approximately 2% in the last hour. Traders should watch key resistance levels at $55.5k and $60.5k, which have notable historic volume. On the downside, significant demand is concentrated below these levels.

According to @CryptoMichNL, Bitcoin is nearing a crucial support zone between $60.5K and $62K. He believes that this area is vital for Bitcoin to hold, and suggests that the current mini-correction may be nearing its end.