
Post
0xSeñorita
$BTC
BTC just dropped below 84,000, the short-term is indeed scary.
$ETH
After the sharp drop, $BTC is consolidating with decreasing volume, and MACD shows signs of bullish divergence, indicating that the bearish selling momentum is weakening and there is a short-term demand for a rebound.
The good news is that institutions haven't fled; Strive just spent 169 million to bottom-fish 2,000 coins, and the SEC has approved a 3x ETF, with long-term funds supporting the bottom.
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