According to the latest market analysis, the global cryptocurrency market's leading representative, Bitcoin, has breached a key psychological level, now trading below $61,000. The current trading price is $60,983.06. This change reflects the market's recent mood of uncertainty and volatility. Since its peak in the previous trading day, Bitcoin's price has dropped by 3.96%, signaling investors' cautious attitude towards the cryptocurrency market. In the backdrop of continuous market oscillations, taking suitable risk management approaches becomes particularly crucial for investors.