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Hey everyone, I know everyone is feeling the heat this days but let me share with you some chart updates regarding everything from the perspective of high time frame (Weekly and monthly chart)

Let’s start with btc

Btc sadly have broken down 93k support that held for nearly 4month and it has gave a bearish retest of that level as a resistance.

For now it’s in a clear down trend and in a mini range of 95k to 80k

Any level broken either side will provide a strong reaction. Leaning bearish but can’t naked short it as it’s on support rn. Invalidation above 95k

If 80k is broken, low 70k should come fast else it’s gonna slow bleed until equities recover

( I do however expect a push higher in the short term, maybe 85-87k)

Total crypto market cap chart

Clean break of 3T range and gave a retest as well. Should we go lower, I expect 10-20% decline if btc breaks down as well

Currently in a range as well

Idea Invalidation above 3T

Total 2( everything excluding btc and eth)

Have broken down as well

Bullish above 900bn level( retest of former support, now resistance)

Else a move to 600bn ( -20% ) decline is in due

Quite bearish on a alot alts rn especially high caps like xrp/ada etc

Others chart( everything excluding top 10 coins and excluding top stable-coins)

Currently in a tight range

Above 250bn level is bueno👍

Else a drop of 30% might come if btc breaks down as well

Overall, bearishness is seen.

All depends on btc tho