📉 #BTC Wintermute: For cryptocurrencies, the key to returning to an upward trajectory still depends on macroeconomic clarity. The 200-week moving average is still holding, and there is no structural damage in the market, which means that once macroeconomic uncertainty dissipates, recovery may happen faster than the current market sentiment suggests. In the short term, we are in a range-bound state with a downward trend. $70,000 remains an important immediate resistance level. #CryptoTrading
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📉 #BTC Wintermute: For cryptocurrencies, the key to returning to an upward trajectory still depends on macroeconomic clarity. The 200-week moving average is still holding, and there is no structural damage in the market, which means that once macroeconomic uncertainty dissipates, recovery may happen faster than the current market sentiment suggests. In the short term, we are in a range-bound state with a downward trend. $70,000 remains an important immediate resistance level. #CryptoTrading
$BTC