In line with the recent overall trend, it is evident that there are signs of the bulls dissipating. A small spike during the lunch break resulted in a drop of over a hundred points, which is enough to prove an effective support. Let the 4200 below become a watershed for this phase.
Currently, the market is at a critical stage; the lows are still within the bull market phase, but the bulls are becoming increasingly distant! The focus is still on Ethereum being hard, and it is being led by centralized Wall Street. The bulls have already begun to experience a harvesting phenomenon. Retail investors should exit as soon as possible!
Suggestion: The upper level of 4450 serves as a selling pressure point, while a break below 4200 suggests a target of 4000$BTC .
