Bitcoin really isn't looking good anymore, this chart is painful to watch.

All the moving averages are pressing down on the head, like a coffin lid, firmly holding back 77,709, not letting it move, a classic "dead cat bounce." The bulls and bears ratio has reached 2.8, retail investors are still frantically buying the dip, thinking they've found a treasure, unaware that the sickle is already on their neck.

77,300 is the last piece of shame cloth; once torn, it will be a waterfall washout. Don't listen to those big V influencers shouting "eternal bull market," whales are secretly moving funds to exchanges to prepare for a dump. Those who don't want to be martyrs, step aside first, wait until the drop is complete before picking up the pieces. $BTC $ETH