A month ago $BTC looked headed for $90k and $ETH for $3k. Now we're fighting to hold $70k and $2k.
Both just sliced through their 200-day moving averages like butter. That's not a good sign when round-number support is all that's left holding the line.
Momentum has flipped hard. What was a breakout setup is now a breakdown watch. If $70k on Bitcoin or $2k on Ethereum crack, next support zones are way lower and things get messy fast.
This is what happens when macro shifts, conviction fades, and technicals break. Stay sharp.
Both just sliced through their 200-day moving averages like butter. That's not a good sign when round-number support is all that's left holding the line.
Momentum has flipped hard. What was a breakout setup is now a breakdown watch. If $70k on Bitcoin or $2k on Ethereum crack, next support zones are way lower and things get messy fast.
This is what happens when macro shifts, conviction fades, and technicals break. Stay sharp.
