So here is the thing.

Despite all the pain, this is the rational bottom zone for this correction: 69-73k.

However, noone knows what is going to happen next.
My issue is that the whole sell off, despite a TA making sense, it doesn‘t macro wise for me. I mean stocks are still almost at ATHs, silver and gold had a heavy dip but are still up like crazy.

And this is what has had me concered for months. If we get a macro bear market, I don‘t know but we could go very low again.
As I often say, we can always go higher but also always go lower. There is no such thing as „this can‘t go lower“.

SPX looks pretty topped to me, at least for the next days and weeks. I have no clue how this is going to play out but I am concerned but don‘t see a point in selling here. 90k was the sell and I had 2 days to sell. It was a very obvious one and I didn‘t. Mad at myself but it is what it is. Now for me I will just hold and hope for the best.

Rising wedge break to the low, bearish retest.

Equity bros getting some crypto medicine. Everyone deserves to feel this pain..

Silver and Gold are both about to bounce btw.

yep

🕵️ Vitalik.eth sold 211.84 $ETH for 500,000 $USDC approximately 20 minutes ago. He then transferred the 500,000 $USDC to Kanro.

Metal up: Crypto down
Metal down: Crypto down
Wars : Crypto down
No wars : Crypto down
Rates cut : Crypto down
No rates cut : Crypto down

Sooon

Downtrend resistance from the previous flush broken 🙏

Wasn‘t it, but we now pierced the main support and finally are seeing a proper wick. This will hold for days, and most likely is the bottom unless stocks implode. Then we gonna see massive pain

Stocks starting to feel like BTC at 120k taking its first dip.

It is reporting sesson and many stocks get smoked on very positive numbers.

Massive fear. Not even great news can hold us up right now.
Is the bubble popping now or will this market calm itself the next days?

My gut tells me that we will get a bounce soon. Don‘t quote me if wrong.

Main support zone and Bitcoin just keeps bleeding like it slit its wrists.

69k is the bottom or the support channel.

5 months of red in a row.

200W MA at 60k.

There must be a relief bounce coming

This is true and the reason why we must hold 69k

69k nearly hit and noone stepping in. This is the worse market I have ever seen and I went through several bear markets

69k hit...

broken. We are so fucked man

We have lost 2021 ATH now

Getting now real support so far is really fucking annoying.

I still expect some bounce but it is horrendous to see, that on every 1% SPX move, BTC dumps 5-10%. When SPX recovers, BTC doesn't...

That said, I believe something should happen soon. If not, 58k is the current 200W MA and this will hold for sure, at least initially...