$BTC $ETH
In times of chart chaos and liquidity, it is safe to just surf. Holding this stage is quite dangerous.
The danger is because we are trading in the upper part of the BB band.
Talking about the BB band, it has 2 parts, the upper part and the lower part.
In the past 3 months, which is also the 4th quarter of 2024, we have always traded in the upper part
And in the W frame, there has not been any retest to reach the upper half of the BB band. This is quite dangerous when it lasts. It means that this bubble is always pumped above the average.
As for eth, there has been a retest that almost touches the average line of the upper BB band
It means that eth still has the ability to rebound and then retest to touch its average line at 2700-2800 and maybe below and stay there for a while to ensure safety for the next uptrend cycle.
As for you, you always have a long beard up to the 79k-80k area, you are now quite dangerous compared to eth.
That's next year's story.
We will look at liquidity later to have a plan for the day. Because during the day, the place with the most will be prioritized.