$BTC Broke below the main support region. The November low is still untouched. The best the bulls can hope for here is that price stalls here showing no strong follow through on the break down. A deviation back up could then be a trigger for a reversal. But until then, still hibernation mode for me when the market is not really giving any action worth spending time & energy on.
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$BTC Technically the .382 Fibonacci retracement retest has still held up to this point. This is a pattern that has repeated throughout the entire cycle so far. Where each major drawdown has held on to that .382 Fib Retracement measured from the bear market bottom to the local top. But previous times, price was much quicker to react which is not the case now. So while this is technically still a decent level to watch, I'd want to see some action pretty soon to keep the structure alive.
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$ETH Remains stuck between $2800 & $3350 for the time being. I really don't think you need to watch much else than those two high timeframe levels. Once there's some clear break, you can expect the range to end. Until then, just sit tight and wait for the market to show its hand.
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