The Crypto Comms #19

  1. Ethereum analysis
  3. Latest happenings
  4. Listening material

Technically speaking

Bitcoin analysis

Bitcoin/Dollar broke down to a low of $20,700 following a swift market sell-off last Friday. The pair lost nearly 18% of its value from peak to trough before finding support.

BTC/USD levels of interest; $21.7k, $22.2k.

Ethereum analysis

Ethereum/Dollar lost 24% from peak to trough, but on lower-timeframes ETH/USD has maintained a cleaner setup than BTC/USD.

ETH/USD levels of interest; $1,700, $1,337.

Additional comments

The context of ‘psyops’ mentioned last week is still compelling given the somewhat pathetic ‘mean reversion’ crypto risk-assets just witnessed.

Latest happenings

Listening material

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Chris on Crypto

Chris on Crypto

Journalist-turned crypto-writer & analyst; forging the narrative, stacking sats.