Big big warning sign for the crypto market- complimentary analysis to my last one:
- it is unusual for ATH breaks in crypto to get re-tested, let alone violated, forming a deviation
- this, so far, looks like a macro deviation/failed breakout and, pending weekly close, the most logical downside target would be erasing the entire Trump rally and taking liquidity below
- a move of that magnitude on TOTAL would likely mean Bitcoin is headed to 70k while ETH could go as low as 1200