Market winds have suddenly changed! Miwen Brother discovered that after last week's washout, the cryptocurrency market may face significant changes. Can ETH take this opportunity to rise and dominate the market? What will happen to BTC's market share?

First, through last week's washout, Miwen Brother keenly noticed the change in market rhythm. As we can see, ETH is gradually showing its market potential, while BTC's market share has decreased.

Looking at it now, BTC does seem somewhat weak, while ETH is relatively strong. Although BTC is still the big brother in the cryptocurrency market, if it continues to adjust, the overall market will still move forward; it's just a question of who rebounds faster. Returning to the charts, let's take a look at BTC's trend.

On the daily level, the candlestick has not shown a stabilizing pattern but has continuously displayed small downward candlesticks. The MACD indicator also has no signs of turning upwards for the time being, and the moving average system may even retest the MA60. Meanwhile, the AO momentum indicator's direction has crossed below the zero axis. Since starting above forty thousand, the AO momentum indicator has been operating above the zero axis, but this crossing below may indicate that the market will undergo an adjustment.

In contrast, ETH's daily trend appears to be relatively strong. Both the MACD and KDJ indicators show signs of a golden cross, and during the decline, it directly dropped to the support of the Vegas channel and retested MA60.

Yesterday's daily candle closed with a bullish candlestick, indicating a trend of continued upward movement. In this rhythm, we can observe the MA60 at the daily level. BTC's trend is weak, and after ETH's rise, BTC may again retest MA60 for confirmation. Overall, the market's rise is likely to be fastest by mid-next month. Therefore, while paying attention to BTC's trend, we should also keep an eye on altcoin market conditions. If BTC falls below 90,000 again, will it trigger panic in the market?

In general, market changes are always unpredictable. We need to remain vigilant and closely monitor market dynamics. What are everyone's views on the future trends of BTC and ETH? Feel free to leave comments and discuss in the comment section! Thank you all for watching and supporting!