[Analysis] Coinbase, IPO-ed at the wrong time!

The sad story of coinbase.
IPO right at the time when bitcoin was at its highest (60K).

Now it fell alongside the crypto.

While there is demand 210, is it enough to overcome the 2 major supply zone?

As long as cryptos pressured, coinbase will remain pressured as well.

Verdict: Not a good time to go.