@pfm92005

Everyone’s waiting for Powell’s speech tonight. BTC keeps dumping day after day, dragging the whole market down. BlackRock’s been offloading—sold 1,885 BTC and 59,606 ETH. I still think BTC needs to fake out and break below 111,900 to shake out the longs before it has the strength to bounce. Judging by the buildup of shorts, I personally feel a straight dump isn’t that likely—more chance for a liquidity grab. Around 112,000, BTC could be good for a short-term long, targeting 114,500 for a fake breakout. Remember to set your stop loss. If the bounce plays out, I’m still bearish after that. Weekly MACD is about to death cross with bearish divergence—once that’s confirmed, more downside ahead. If you’re still not out, you’re basically living under a rock. Solana was the strongest yesterday, now it’s the weakest today.

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