Bearish indicators for Bitcoin and Ethereum: Insights from chart analysis

Bitcoin experienced a significant drop, with its price declining to $83,814 and a daily loss of 6%. Technical indicators confirm a bearish trend, with fears that if support levels break, prices could fall further.

Ethereum saw an 8.65% decline, trading at around $2,733.2. Like Bitcoin, it faces bearish indicators, and prediction markets suggest a strong likelihood of further declines in price.

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