Crypto's worst week since July 2024 deepens as bitcoin, ether near critical price levels
Crypto
The cryptocurrency market is experiencing its most significant weekly decline in months, with major assets like Bitcoin and Ether approaching key technical support levels. The sell-off is being attributed to a mix of specific token exploits and a broader capital rotation away from crypto and into AI-related assets.
0 reads·0 theses
Angle
↓ SHORT-10% target+4% stop1-2 weeks
Short ETH-USD as technical support wavers and capital rotation into AI themes continues to drain liquidity from the crypto space.