Just caught this analyst Bluntz flagging something interesting on Bitcoin right now. He's saying BTC could be setting up a bearish pattern here if it can't hold above $70K - basically that classic consolidation setup that usually leads to a sharp drop. He's looking for a potential break down to that 0.618 Fibonacci level around $51,299 if things play out bearish.

BTC is sitting at $76.47K at the moment, up about 1.6% today. The bearish pattern he's watching would get invalidated if Bitcoin can convincingly stay above that support zone, but if it falters, he expects lower lows coming. Also worth noting - he's calling for Solana to test fresh lows before any real bounce back. SOL trading around $85.89 now, up less than 1% today.

Technically speaking, this bearish pattern setup is worth monitoring. Not saying it definitely plays out, but the risk is definitely skewed lower from here if support breaks.