Bitcoin breaks through the descending wedge! Can the upward momentum continue?

After the monthly and quarterly closings, Bitcoin ushered in a short-term upward trend, breaking through the four-hour downward trend line, and also breaking through the downward extended wedge. If it follows a good and more hopeful trend, the target can be said to be around 7w.

If the main hype in July is concentrated on ETH, then Bitcoin plays a role in stabilizing the entire market and not pulling it down. Even if it holds the 6w position, we are willing to see it.

In the Ethereum ecosystem, ENS led the rise after being constantly called, and the rest of the cottage did not complete too much of the catch-up, so for the recent market outlook, we still continue to see shocks. If we can stand on 6w5k US dollars again, we will look for higher resistance and support. $BTC $ETH $SOL