$ILV token is heading towards major support zone at high 900s. Crypto market is in a consolidation phase, which may take a while given the severity of the latest drop. I expect a relief rally bounce at the mentioned zone of support, which happens to cross latest HTF resistance trend line. The relief rally may bring us back to ~$1300 level marked by the left...
BTC can possibly form a large cup & handle formation in the coming weeks. Pull back on BTC is expected due to likely ETF approval delay. It could give a chance for indicators to reset and for altcoins to BTC pairs to catch up.
