In simpler terms

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, for Bitcoin ($BTC ), if it doesn't bounce back to around $64,000 soon, it might drop to $59,000. It's risky if it falls below $59,000, but that's not expected right away. Prices might stay between $59,000 and $64,000 for a few months. It's crucial for BTC to stay above $62,300 to avoid dropping to $59,000. Also, there's a trend showing a possible rise supported by the 200-day EMA, which is currently around $52,000. Despite recent drops, there might be a rebound, so some are considering buying around $59,000.

For Ethereum ($ETH ), some are holding a short position, expecting the ETF to be rejected, especially in May. Although the ETH ETF might get approved eventually, it's too early to tell. Some anticipate ETH dropping below $3,000 in May.$WIF #Fed