The analysis identifies risk-off signals in the market, pointing to potential bearish trends for SPY, QQQ, and BTCUSD. Key levels to watch for SPY include a breakdown below 679. A failure to break above this level could lead to a sell-off towards 660. For QQQ, a breakdown below 626 could lead to a test of 611. If 626 is broken higher targets towards 630 is viable, above which further targets till 641. For BTCUSD the analyst points to a head and shoulders patterns. A breakdown below 107000 and breach of the 200 daily moving average would target a longer term decline, projecting a downside move to 87000.