Many people are looking at Crypto’s resilience compared with the Nasdaq, one of the U.S. stock markets, which fell nearly 12% from its high last month.
Although stocks fell,
$BTC and
$ETH have shown resilience in recent weeks and did not follow the stock market’s decline as many expected.
But that does not mean the market is going straight up.
Technically, I still see a chance for $BTC to make a relief rally and then turn into a bull trap. Personally, I am still cautious. I am watching: • $65K–$67K Resistance / Bull Trap Zone.
If it gets rejected there, a return to $60K is possible. If mo