$BTC – BEARISH PRESSURE INTENSIFIES AS CRYPTO DIPS CONTINUE ⚠️📉

$ETH has plunged to $611.63, down over 12% in the last 24 hours, reflecting broad market weakness alongside $BTC, $ETH, and other major altcoins. Technicals show strong bearish momentum with no immediate support nearby until $570–$590, suggesting sellers remain in control. A relief bounce could occur if $BNB tests these support levels, but failure to hold them may trigger further downside.$USDC

Trade Setup:

Position: Short

Entry: $620–$625 zone on pullback or breakdown below $611

Targets (TP):

TP1: $590

TP2: $570

TP3: $550 (extended downside)

Stop Loss (SL): Above $635 (resistance invalidation)

Market Outlook:

Short-term outlook is bearish across major cryptos. Momentum favors sellers, but oversold conditions near support could generate temporary bounces. Traders should watch for volume confirmation before entering.

#BNB #BearishCrypto #TechnicalAnalysis #Altcoins #CryptoMarket