I just noticed Bitcoin is dropping below $68K again after trying to hold above $70K for a few days. This seems to be a more serious warning sign. The $68K-$70K support level that has been holding so far is starting to weaken, and if it breaks below $67K it could drop straight to $65K or even $60K. The situation is not looking good at all.

What makes me worried is the pattern we're seeing now. Bitcoin, Ethereum, and BNB have all fallen in the past week, but smaller coins like ZEC are still rising. Historically, this isn't sustainable. Usually, when big caps start to weaken, altcoins tend to follow down quickly. On-chain data also shows the market is under pressure without a clear bottom—that means selling pressure hasn't finished.

Additionally, there’s some noise in the background. The quantum computing issue has resurfaced, there’s drama around the BIP-110 proposal, plus Harvard’s fund is reducing their Bitcoin exposure. All of this signals a deeper shift in sentiment. If Bitcoin can reclaim $70K with momentum, there might still be hope. But if not, focus will shift to lower support levels. I’m currently in a wait-and-see mode.