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🚨 BTC & ETH SELL-OFF: BEARS IN CONTROL?
I’ve been calling for a short bias, and the move finally came—just much faster than expected. $BTC and $ETH both dropped sharply, so I’ve already closed part of my shorts to lock in profits. 📉
Rising US Treasury yields, a stronger dollar, hawkish Fed expectations, and ETF outflows remain key bearish factors.
$BTC failed repeatedly near $87K, while $ETH looks weaker. $BTC’s first support is $84K; for $ETH, losing $2,580 .
#SepFOMCRateHikeOutlook
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