#ETH / #BTC still not holding below the June 2022 lows. If this pair cannot close below this level soon-ish (within the next week or so), then the odds of a bounce go up.
The risk-off signal (in my humble and often wrong opinion), only occurs after a *weekly close* below 0.049.
JUST IN: JPMorgan CEO says #Bitcoin has no value & its use cases are sex trafficking, tax avoidance, money laundering, and terrorism finance.
JPMorgan is an authorized participant for BlackRock's spot Bitcoin ETF.