@All
New Weekly Technical Analysis from the Davis Team - August 20, 2025
The Davis team assesses that Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have simultaneously broken important support levels, signaling a strong corrective trend in the cryptocurrency market. BTC has lost its upward trend line, ETH faces the risk of falling below $4,000, and XRP has breached the 50-day EMA. Technical indicators reinforce the bearish scenario, but the opportunity for recovery still exists if buying pressure returns.