๐ Crypto Market Breakdown: Whatโs Next? ๐ฅ
๐จ The TOTAL crypto market cap just broke below the $3.25T support โ and things could get worse.
๐ง Here's what the charts are saying:
๐ป Retest at $3.12T underway
๐ 50-day & 200-day SMAs are converging = ๐ฅ critical zone
๐ช RSI has dropped from 79 โก๏ธ 45
๐ Downward pressure is building fast!
โ ๏ธ If $3.12T fails to hold, watch for a drop to $2.9T (100-day SMA) in the short term.
๐ฏ๏ธ Last time this level broke?
๐ Feb 24 crash โก๏ธ 26% drop followed
๐ What should you do?
๐ Stay cautious
๐ Do your own research
๐ง Prepare for volatility