#Market_Update
The market remains in a downtrend, with Bitcoin testing the $80K level again this morning. This is a key psychological zone, reinforced by demand from late February’s move.
Broader market conditions will be crucial this week, as the S&P 500 sits on a major support level. A breakdown here could trigger a larger sell-off across risk assets.
On the upside, there’s a CME gap at $86K—watch for a reaction if Bitcoin retests that area. For now, $84.2K (Monthly Open) has established itself as 4-hour resistance.