$BTC is showing signs of weakness as EMA 50 and EMA 100 turn into dynamic resistances, rejecting price at key levels.

The structure is forming lower highs and lower lows, while the bearish U.S. stock market adds more downside risk. However, the mid and long-term structure remains bullish—for now. Stability in equities is crucial for recovery.

Even if $BTC meets its market top, altcoins could still have their moment once the financial markets calm down.