Bitcoin fell below $70K on the back of the sales, and a major Polymarket dispute is brewing over whether Strategy indeed sold in May or not.
💡 DMK Insight
Bitcoin’s drop below $70K isn’t just a number—it’s a psychological barrier that could trigger further selling pressure. The ongoing Polymarket dispute adds a layer of uncertainty, which could keep traders on edge. If Bitcoin continues to slide, we might see a cascading effect on altcoins like Ethereum and Solana, especially with ETH currently at $1,860.46 and SOL at $74.17. Traders should keep an eye on these levels; a break below $1,800 for ETH or $70 for SOL could signal a deeper correction. On the flip side, if Bitcoin finds support and bounces back, it could reignite bullish sentiment across the board. Watch for trading volume and sentiment indicators in the coming days. If we see a spike in selling volume, it might be time to reassess long positions or consider shorting opportunities, especially in correlated assets. The next few days are crucial—monitor how Bitcoin reacts around this psychological level.
📮 Takeaway
Keep an eye on Bitcoin’s support around $70K; a break could lead to further declines in ETH and SOL, so watch those levels closely.






