#Update Market May 10, 2024 [DCCK]

$BTC returns to the 0.5-0.618 fibo zone of the previous uptrend, the buying force is not strong but the price movement is very good, is located in the indecision area, temporarily confirming $BTC is having good recovery force, the market is still AI group altcoin market pull

$BTC - Resistance mark at 63k100

$ETH - Resistance mark 3123

Total3 - Support milestone 646B

BTC.D - Support mark 54.69%

USDT.D - Trending to regain 4.80%

Conclude:

- $BTC is in a rather sensitive position as the support zone was previously broken, but yesterday it was found again, so today it is in a struggling position, temporarily the angle is resistance at 63k100 and support at Below is 61k651, there is a high possibility that it will go within this range today

- $ETH with the creation of an inverse head and shoulders pattern in the h1 frame. The model is formed when the price once again drops past 3060, then it is confirmed that there is a 70% chance of rising back to the 3120 area, but if the price breaks beyond 2945, this model will fail.

- BTC.D Dom hasn't seen much, seen going sideways within the margin of 54.70% - 55.07%

- Total3 is recovering quite well, has increased, broken out of the 647B barrier, is touching the previous sideway area, this part of the market is slowing down, most altcoins are recovering weakly, so they continue to recover weakly.

- USDT.D yesterday looked a lot like a cup with handle, but with a deeper drop like this, this model was only 40% successful in forming. Temporarily rebounded and then went down 4.80% according to the wave structure.

Explaining terms for newbies (Dan Play Call Keo Channel)

1/ What is Total 3?

2/ What is USDT.D - BTC.D?

3/ Why choose to analyze USDT.D?