Here is my predictions for this market with respect to ongoing trends before the market reverts back.
For #BTC the levels are 72K -69K
For #Ethereum the levels are 1400 -1250
As far I have understood the current conditions of the markets.
1. USA wants to buy one million bitcoin for it's reserv against it's gold reserv
2. Big institutions cleared a big amount of $BTC at the top to book some insane profits which were blocked for a long time and looking forward to increasing there stack so they are eying for a good buying opportunity.
3. Hedge funds and some institutions are planning to launch $ETH ETF Which requires a big holding on ETH in wallets .
4. Those individuals or whales who have been into this market for a long time, they are just buying at every minor to big dip because they just gonna increase there holdings for the long term.
Given the above scenarios , there is lesser activity which is shaking weak hands and resulting in a weak uptrend which looks more like a consolidation followed by a small dip.
For the big player and some smart players to enter , the market needs to touch some significant low levels.
Tell us about your thoughts and predictions about the most significant level of reversion for BTC
