You thought you caught the bottom, but the bottom caught you instead. A 12-hour head and shoulders top has confirmed a break below the neckline, which is a typical medium-term reversal signal. Theoretical downside targets point lower. The current price is consolidating around 68000, but rebound strength is extremely weak—the hourly level has formed a bearish trendline, with resistance shifted down to 69200. Below 70000, following the trend means shorting; going long is a matter of faith. $BTC $ETH

BTC4.24%
ETH5.15%
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