#BTC☀ pushed further lower as mentioned and getting support from the trendline. Nothing still as of now, need to wait for the further price action to develop.

This underscores the an equilibrium being established between supply and demand over the past 3-months. We can also see that realized losses have not ticked meaningfully higher thus far, suggesting limited panic, despite the market correcting over -25% from the highs.$BTC $ETH $BNB #US_Job_Market_Slowdown #btcupdates2024