K33 flags capitulation-style extremes as evidence bitcoin may have set a $60,000 low

Research firm K33 argues that bitcoin's slide toward $60,000 last week likely formed a local low, citing capitulation-style signals across spot, ETF flows, and derivatives. The firm highlighted extreme readings in trading volumes, funding rates, options skews, and sentiment indices, and now anticipates a drawn-out consolidation band between $60,000 and $75,000 with possible retests of support but limited further downside.