This is not a death sentence yet, because BTC hasn't retested the lows. However, I expected a retest of 70k, which hasn't happened. If we keep grinding towards the lows (around 66k for BTC) we'll most likely end up crashing.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ETH and BTC are looking weak.
This is not a death sentence yet, because BTC hasn't retested the lows.
However, I expected a retest of 70k, which hasn't happened.
If we keep grinding towards the lows (around 66k for BTC) we'll most likely end up crashing.