Market update - $BTC & $ETH
No new buyers are stepping in
Longs are sitting in a massive unrealized loss, with average entry around 73,700-74,000
Price is currently holding a strong support zone, but if the trend continues — next level is 68,000
Liquidations of long positions are stacked on the way down
Right now: consolidation after a major drop
This is a more likely scenario, but still just an assumption
Market is weak until proven otherwise — watch the reaction, not your expectations