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Nicholas Merton from DataDash believes that we are approaching a breaking point in the charts, where failing to hold key price levels may lead to a significant wave of capitulation. This analysis covers not only crypto but also broader equity markets and macro perspectives. The video also includes a sponsored review of updates from the Radix ratify event, highlighting the exciting potential of this layer one network. Stay tuned for more insights and don't forget to like the video. Let's kick off the discussion with a focus on Bitcoin and the reasons behind its current stability.