Bitcoin and Ethereum Dumps Intensify: Myriad Markets Reflect Bearish Outlook

Bitcoin fell to a 15-month low, closing around $65,207, with a new market offering $55K or $84K as potential next stops—predictors favor a dump to $55K (200-week MA, ~68% odds). BTC is down ~22% in seven days and ~48% from its October high of $126,080. Ethereum reached $1,919, nearly 60% below its August ATH, with a dump to $1,500 favored at 71% odds. ETH is off ~31% in the last week and would need a ~56% rally to hit $3,000. Near-term catalysts are limited, but a potential Fed rate cut in March could provide relief. The March 17–18 FOMC meeting looms as a key watch point. Separately, Myriad predictors give the Seattle Seahawks a 69% chance to win Super Bowl LX, offering slight edge over traditional sportsbooks.