Bearish Signals

The S&P 500 is testing a rising trendline that has defined every pullback since the June 9 low, leaving traders focused on whether the short-term bullish structure can survive. A decisive break could shift attention toward 6,960–7,200, while a successful hold may keep the rebound path toward 7,580–7,740 alive.

Samson Mow says Bitcoin’s bottom is already in, arguing that the market’s old four-year halving rhythm has shifted. But several analysts still see room for further downside, citing long-term technical signals and possible weakness later this year.