Crypto and SPX are still in correction territory. As the major indexes move below their current medium-term growth lines, a bigger correction looms beneath the surface. A deeper drawdown for the SPX/NDX seems inevitable here and it will most likely have repercussions in the crypto space as well.
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Markets are looking very toppy. There is a multitude of reasons why this can end terribly and the biggest being complacency. The markets are due for an extremely sharp correction in the short term