Battle going on at the 0.5 Fib and the 50 Day MA but we have two tests of support on this confluence level which is a good sign.
We still can’t rule out a test of the 0.618 Fib at $3291 and we have seen two flushes below the 0.5 Fib too, which were recovered quickly.
No buy for me yet until I see more support, crypto has been showing some weakness lately and $ETH still looks the healthiest with their US ETF approval due before the end of the summer, so I believe it is in the best position of the top tier cryptos right now.
I will send out an alert when I buy next.