The Bitcoin daily chart has pulled back to the MA120. The bull-bear dividing line. Ethereum has pulled back to the weekly MA5 and MA20. Ethereum and Bitcoin are breaking down near these support levels. US stocks are in a consolidation at high levels. Currently, the weekly Bitcoin pattern is temporarily very poor. It cannot be adjusted just by two candlesticks. Therefore, after tomorrow, it will likely continue to probe lower. Currently, the rebound seems to be about done. Notifications for opportunities to enter the market can be nearby. Summary: The overall cycle is still bearish. There is no downward trend in the future.
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