Technical Analysis on #BTC (four-hour timeframe).

As the asset rolled back to the trading level of $50,900, purchases of the instrument increased again, and Bitcoin updated the local maximum at $52,500 on the Bybit exchange.

Interestingly, according to the RSI indicator, bearish divergence is becoming more pronounced towards the price movement, which indicates a gradual weakening of buyer pressure.

This means that a local rollback of Bitcoin may occur soon.

#ETH. Following Bitcoin, Ethereum updated its annual maximum at $2,825.

A pullback to the trading level of $2,670 is likely before the next growth impulse.

The capitalization of the cryptocurrency market has increased by 2.2% over the past 24 hours, and the dominance of Bitcoin has decreased by 0.2%.

Ethereum is expected to strengthen in the #ETH/#BTC pair, which is a positive signal for the entire altcoin market.

#BTC $BTC