Down Bad

Did you think we'd go down this far?

Support and resistance levels and our daily, weekly and monthly bias on BTC, ETH, OIL, ES, and NQ as well as our favorite altcoins.

---

Across is the fastest, cheapest and most secure bridge between L1 and L2s. Try it now.

---

Crypto News

• UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues Say (CoinDesk)

• Crypto exchange KuCoin valued at $10 billion in latest funding round (Reuters)

• Coinbase CEO says funds are safe amid bankruptcy protection fears (CoinTelegraph)

• Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins (CoinTelegraph)

• Almost All $1.7B Crypto Stolen In 2022 Has Come From DeFi (Decrypt)

• Crypto Trader Running $5M 'Ponzi-like' Scheme Faces Nearly 4 Years in Prison (Decrypt)

• Terra Turmoil Adds Fodder for Secretary Yellen’s Concerns Over Stablecoins (Blockworks)

---

BTC Outlook

Hal is flying this morning so we will be taking a break from our usual outlook. Instead here is Hal’s video where he breaks down What We Are Watching on the Cheat Sheet.

---

Please don’t forget to like (heart button at bottom) and share this post!