btc is grinding around 70.8k after testing 72k ... eth sitting at 2,094.
we remain cautious for new positions. best to wait for btc to clear 72.3k or lose 69.8k before increasing exposure. some altcoins are up while others are down.
key levels: btc 69.8k support ... 72.3k resistance eth 2,050 support ... 2,120 resistance
this week outlook:
fear and greed stays at 16. whale accumulation increased 20% while retail stayed on the sidelines. macro pressure from oil and dollar continues but several tradfi developments are positive for the longer term. alt rotation is possible if btc dominance begins to fall.
quick highlights: pi day scarcity narrative active btc etf inflows continuing.
NFA
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