Bitcoin is forming an inside bar on the daily, while Ethereum continued lower and made a bounce off of the $113.50 support. Resistance is pretty clear at $123.70.
I'm not hoping for anything good here in terms of a bull move. I think Bitcoin is going to come down and test supports lower than current levels and that's going to take the rest of the market down. The fact we haven't seen more bull move right now is a huge indicator that a pullback is going to continue and we will see a test and likely break of $3,000 support.
