September 5, 2018 — Strong pullback today in the crypto market, as Bitcoin fell 6% after failing to close above $7,400 yesterday. Many speculate the dump is correlated to the recent activation of a dormant Bitcoin wallet containing over 111k Bitcoins. The coins stored have moved major exchanges (Bitfinex, Binance, and Bitmex) over the past 9 days, suggesting they have begun to liquidate the assets.

In this recorded session, we check out Ethereum’s move overnight and how it reshapes the charts going forward. The key level to hold on a close is $250 and we have support on BTC at $6830.