$SPX log chart is the same. I belived we were topped but the quick retest of the previous ATH makes this chart very important again. Target for this log channel is SPX to 8000. If we hit this, I will be very bearish and am looking for a proper correction to the lower channel which is around 6000 right now.

200W MA is at 58.3k rn.
I would not be surprised if we touch it eventually. Last dip missed it just by a bit.

Gross market.

Let‘s see if we can touch 73k to form a HL.

Nope..
Pray for 64.8k to hold.

This chart isn‘t screaming strength so far..
Best we can hope for is consolidation for now I guess..

This is what I see here:
Continuation triangle pointing towards another leg down unfortunately..

Hopium is a break to the upside. We need to break 73k and we should see a rally above. Right now I‘d lean towards 58-59k test (at least) first.

Looking at Gold and stocks, all of this price action doesn‘t make sense. TA wise it does, it simply is a bear market while everything else is having fun..

Wouldn‘t be surprised if we get one retest in the yellow circle and then dump slowly towards 58-59k

Hate to be right

Well aside from BTC being so weak, that it couldn‘t even properly retest the triangle…
SPX is green again.
I am convinced that something fundamental broke on 10/10. yes bearmarket but there is no real reason for btc to be this weak and the remaining market to endlessly bleed

We nearly closed the last wick here tho. Some hopium but the volume isn’t very convincing yet

We are extremely oversold and the market is being irrational here. The question is for how long

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Finally!!! Signs of life.

We need to remain >69k to end the bleed and break >73 for some bull action

Looking for that yellow circle to hold and bounce.

Other than that, so much geopolitical stuff going in which makes stuff very unpredictable.

However, seeing stocks red yesterday while BTC finally didn‘t dump 8% on a red day is a good start. Let‘s see if we can see more resilience finally over the next days/weeks.

Held for 2 hours.

No reason to trade anything here imo.

Unless we break 73k properly, I am not very interested to do anything tbh. Maybe buy more if we get another massive leg down.

Until then I‘ll just hold and do nothing