The analyst believes, based on technical indicators, that all coins, including Bitcoin, Ethereum, Chainlink, Aerodrome Finance, and Cardano, are poised for a downward movement. Open interest has been wiped off the market, with the total market cap under USD109,316 and the market at open. The analyst points to a rising Bitcoin dominance indicating pressure in smaller cap coins. If there is any bounce, the ETHBitcoin pair would only test the downtrend line. If the Bitcoin balance on ETH is broken, analysts consider ETH a bearish trade. Target for all major crypto is lower than recent 3-days highs. Any price bound beyond recent high invalidates the analysis.