I'm going to be honest about where I stand right now.
BTC is looking kinda soft. The daily low hit $63739.75 earlier, and it's struggling to get much momentum above $64k. That level is acting like a ceiling rn.
If we see a sustained break below that daily low, I def think we could see more downside pressure for the whole market. It's not looking great.
Even $ETH is finding it hard to catch a bid, sitting around $1861.44 after dropping from higher earlier. $SUI also took a big hit, down over 4% today.
Overall, I'm pretty cautious here. Leaning bearish if $BTC can't reclaim some strength soon. Keep an eye on those lower support levels. 👀
#CryptoOutlook #BTC #MarketAnalysis #Bearish #TradeSmart
BTC is looking kinda soft. The daily low hit $63739.75 earlier, and it's struggling to get much momentum above $64k. That level is acting like a ceiling rn.
If we see a sustained break below that daily low, I def think we could see more downside pressure for the whole market. It's not looking great.
Even $ETH is finding it hard to catch a bid, sitting around $1861.44 after dropping from higher earlier. $SUI also took a big hit, down over 4% today.
Overall, I'm pretty cautious here. Leaning bearish if $BTC can't reclaim some strength soon. Keep an eye on those lower support levels. 👀
#CryptoOutlook #BTC #MarketAnalysis #Bearish #TradeSmart