BTC returned to a sustained downtrend on the hourly timeframe, as did a number of altcoins. Across the entire TOP-200, 31 assets have entered a downtrend on the hourly timeframe. The TOP-10 list also includes: #BNB, #XRP, #SOL.

Meanwhile, another batch of potential high signals has appeared on the 4-hour timeframe. In addition to the 43 assets on the previous candle, 9 more assets received signals.

For now, we’re breaking out to the downside from the uncertainty discussed in the previous analysis.

For BTC specifically, the key targets are $81,174, $80,682, and $80,189. The potential breakdown level is $82,404, almost at the neckline of the double top.

As things stand, this signal points to a potential retest of the October 15 low at $79,800. It also makes sense to watch for price to reach all the nearest additional targets shown by our indicator on the hourly timeframe—that is, down to $78,292 inclusive.