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The Bitcoin daily candle finished, breaking the 200 moving average and an existing uptrend with a large engulfing candle. The MACD has also crossed below on the daily chart, indicating a bearish sentiment. While a bullish divergence is noted on the 30-minute and 4-hour charts, a market retest of the 200 moving average at approximately 11366.4 is considered a possibility, but a larger market correction remains a significant scenario. The 20 moving average has crossed below the 200 moving average. The Fear & Greed Index is at 21, indicating extreme fear, which is suggested as a potential buying opportunity for long-term investors without leverage. The USDT Dominance is in an uptrend, currently at 5.21. A potential breakdown of its current resistance could lead to a crypto market pump, while continued pumping would drive crypto prices down. The S&P 500 has broken its uptrend, suggesting an impending correction or dump. The VIX is at 17.17, indicating low volatility, and it is advised to wait until it crosses above 20 to consider long positions in the S&P 500. Ethereum is breaking support levels and forming a descending triangle, with a projected dump to 3400. Solana is within a descending channel and has broken a head and shoulders pattern, with a target of 150. Ripple has broken a bearish flag and an inverse cup and handle pattern, with a target of 1.86. On the 30-minute Bitcoin chart, a downtrend is active, but a double bottom pattern might form, potentially leading to a breakout above the neckline at 10800.