First, a while back, $BTC looked incredibly strong, and I thought this cycle wouldn’t retest the daily SMA200, but it came—just delayed (Figure 1). Now, Bitcoin has reached the key support level marking the divide between strength and weakness: 1. Today’s SMA200 price is $73,153; 2. The 0.5 Fibonacci retracement level from the rally between $57,000 and $87,000 is $72,581. If Bitcoin breaks below this level, it objectively signals weakening momentum. Second, as for $ETH—this beast—I feel it’s clearly masochistic; it really demands some tough love (Figure 2). The range between $2,100 and $2,800 is the consolidation zone; below $2,100 is bear market territory, and above $2,800 is bull market territory.