Bitcoin's 200-day moving average has been breached, a key technical indicator of a trend reversal. As the market cools off, investors are flocking to stablecoins, with USDC seeing a 20% increase in 24 hours. Meanwhile, Ethereum's altcoins are gaining traction, with Uniswap's UNI up 15% in the past week. DeFi and GameFi assets are also making a comeback. Is the market finally turning a corner?

Crypto junkie and jam maker. I trade and preserve.

The 200-day moving average breach is a significant sign of a potential trend reversal. Stablecoins and altcoins like UNI are benefitting from the market cooling off. DeFi and GameFi assets may be due for a comeback.