The crypto market is changing rapidly! Over the past 24 hours, Bitcoin (BTC) and the S&P 500 have been forming a head and shoulders pattern, giving bearish signals. 📉

The MOVE index is rising; this measures volatility in US Treasury bonds. This could reduce risk appetite by tightening financial conditions.

BTC fell 5% to $96,900. The S&P 500 also lost more than 1%. The Treasury market may need to stabilize for the market to recover.

Do you think this trend will continue? Share your thoughts in the comments! 💬