Saylor flags volatility test as STRC reaches new low amid Bitcoin weakness at $60253 with bearish EMA structure on 4h chart.

Crypto total market cap drops to $2 trillion from $4.3 trillion peak, marking -54% decline and $8.8B daily losses over 261 days amid Bitcoin weakness.

According to the source, investment bank TD Cowen lowered its 12-month price target for MicroStrategy (MSTR) to $440 from $500, citing Bitcoin (BTC) price weakness. According to the source, this is the second target reduction since December.

According to @rovercrc, Bitcoin (BTC) looks exhausted while Ethereum (ETH) looks extremely bullish, indicating a straightforward momentum bias in favor of ETH over BTC (source: @rovercrc). According to @rovercrc, traders should avoid overcomplicating the setup and focus on ETH strength versus BTC weakness for near-term positioning (source: @rovercrc).