7-Day Crypto Outlook: Short Bias
Bitcoin (BTC):
Facing strong resistance around $69K–$70K, with RSI flashing overbought signals. A short-term pullback looks likely.
Ethereum (ETH):
Tracking BTC’s moves but losing steam. Struggling near $3600, and momentum is fading. A downside move appears more probable.
USDC (Stablecoins):
Stable near $1 — not tradable based on price fluctuations.
Outlook Summary:
Both BTC and ETH show signs of a potential downtrend over the next 7 days. A short position could be favorable, but always set a stop-loss to protect your capital.
Want specific short entry zones and target levels? Let me know.
