Next 7-Day Crypto Outlook (Short Bias)
Bitcoin (BTC):Likely to go down. It's facing strong resistance around $69k–$70k, and indicators like RSI are showing overbought conditions. A correction is expected in the short term.
Ethereum (ETH): Also showing signs of weakness. Despite following BTC’s move, it's losing momentum and could drop from the $3600 area. A downward move is more likely.
USDC (or stablecoins):Will stay stable: around $1. Not tradable in terms of price movement.
Conclusion:
Both BTC and ETH are more likely to
move down
in the next 7 days. A short position makes sense here — just make sure to use a stop-loss to manage risk.
Let me know if you want exact short entry points and targets too.
