X @Ansem

Market Sentiment & Technical Analysis - The market shows bearish signals based on SFP patterns on XRP, SOL & ETH weekly charts, reminiscent of LTC's 2021 performance [1] - BTC trading below its 2024 ATH further supports the bearish outlook [1] - The analysis suggests an end of momentum and potential price decline, indicating a large 10-month distribution nearing completion [1] Cryptocurrency & Bitcoin (BTC) - There is a lack of fresh narrative to drive bullish momentum [1] - ETHBTC has already experienced a pump, typical at the end of market cycles [1] - A return above $112,000 (112k) is needed to change the bearish outlook [1] MicroStrategy (MSTR) - MSTR topped in November 2024 [1] - MSTR is trading below its 200-day moving average (200dma) for the first time since 2023, now acting as resistance [1]