Technical perspective: The price took out the SSL first and moved upwards to take the EQH above. And now it's approaching a bearish OB and closing a CME gap. We could expect the beginning of another bearish leg down or at least a correction from that resistance zone soon. Fundamental perspective or narrative for a crash: Recession and seasonality. So far we've had several consecutive sharp falls in spring: Covid crash - March 2020 China FUD crash - April-May 2021 Luna,3AC crash - April-May 2022 And the thing is, we've had pretty significant rallies right before those crashes where everyone got excited and bought right into the bull trap.
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