The market no longer has funds entering altcoins; BTC is fluctuating and ETH's upward movement cannot drive the sluggish altcoins.
The monthly line closes today, and a large bullish candle has already been confirmed. Regardless of whether there will be a pullback today or how much it will be, it does not affect the strong bullish closing of the monthly line. The daily line level showed a small bearish candle after a spike yesterday, and today it warms up around 73,000. It is not very certain whether the high point can be established, but the risk factor will increase.
The closing of the ETH monthly line will not be as strong as BTC. The monthly line closing has a small bullish needle, but it does not show that strong. Yesterday, BTC was retracing while ETH was rebounding to catch up.
Today, BTC rebounds, but ETH starts to decline again. Altcoins do not follow BTC; when BTC rises, altcoins do not rise, and when BTC falls, altcoins spill. Only when ETH is rebounding can altcoins show a bit of good momentum. $BTC $ETH #BinanceBlockchainWeek