Bonk

BTC price upside returned during Wednesday's Asia trading session as Bitcoin attacked a long-term trend line and psychological levels.

South Korea’s Kospi and Kosdaq tripped circuit breakers as the Middle East conflict drove a global exodus from stocks.

US Dollar Index strength, fear that BTC miners may liquidate their reserves and Bitcoin’s performance compared to stocks raise concerns among investors.

Ether reserves held on exchanges fell to a new multi-year low as ETH price struggled to trade above $2,000. Will the supply crunch benefit bulls or bears?

Bitcoin bulls gave up their latest mission to reclaim $70,000 as Iran escalation sparked oil supply fears that gripped stocks and gold.

Ether needed to hold a key support recently established at $1,800, coinciding with the lower trend line of a classic chart pattern that warns of a drop below $1,500.

BTC price has slid about 35% on average over a month after similar trend line crossovers, keeping downside risk in focus for traders.

Compressed volatility, strengthening ETF flows and a diminished Coinbase discount “are not characteristics of a market accelerating into a fresh leg lower,” said 10x Research.