8legs: Bitcoin

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#1 out of 2

Bitcoin's monthly MACD histogram has flipped bearish, signaling potential sustained downside.
Ether faces a death cross, indicating near-term underperformance versus the long term.
Past bearish MACD crossovers in 2012, 2018, and 2014 preceded major bear markets according to the analysis.
Key support near $84,500 could hold a bounce, with deeper risk toward $74,500 and $70,000 if breached.
Bitcoin price action has fallen more than 17% in the latest move, reinforcing the bear case.
Macro risks like the dollar index and Treasury yields reinforce the negative signal for crypto.
The article links recent outflows from spot ETFs to looming volatility in crypto markets.
Traders are advised to stay vigilant for downside volatility amid uncertain macro conditions.
Bitcoin could test major support at around $74,500 if the current trend continues.
The analysis notes Ether’s death cross as a signal of short-term weakness in the crypto market.

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#2 out of 2

U.S. stocks pulled back after a brief Monday rally as investors turned cautious.
Main indices slipped, signaling a pause after earlier gains in the session.
Investors remained cautious ahead of upcoming data and corporate updates.
Analysts described a ‘mild hangover’ from recent gains affecting trading sentiment.
The session underscored a cautious mood rather than a dramatic downturn.
Market participants expect further volatility as data and earnings loom.
Technology and energy sectors showed mixed performance in the retreat.
Analysts noted the market’s resilience despite the pause in gains.
Traders eyed potential catalysts that could re-ignite momentum later in the week.

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