24/05/22BTC and ETH rose sharply, and ETFs continued to flow in for a week. When will the alt season come?
It has been a while since we analyzed the US stock market. Let's see what happened! The three major indexes have all hit record highs. As for the financial sector, we have to admit that the cancer stocks have not moved much for two months since the rebound of the deep V2635. The main point is stability. There were many complaints last year, but cancer stocks will also enter a bull market or are already in the early stages of a bull market. The Hong Kong Hang Seng Index has also rebounded 33% since it hit the bottom at the beginning of the year.
The U.S. dollar index continues its downward trend. We will pay attention to whether the upward trend on the daily line breaks and Bitcoin may make a big move.
Flatbread
The daily line rose sharply and pierced the upper track of BOLL. The key to the potential old duck head pattern still depends on whether the upper line of the descending flag and the previous high pressure can be effectively broken through.
The price fluctuates around 70,000 above the peak of the last bull market, and is now in the top pressure area of more than 80 days of fluctuation. In fact, there is no locked-in position in the big cake. This price is a psychological threshold. I will not let you buy it at the current position. I dare not buy it when it is at a low level of 57,000-60,000. I will rush to buy it when it rises. Now it is stable and I can only wait for the breakthrough of the previous high to buy it.
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ether
Ethereum surged 20%. The last time it rose by more than 20% in a single day was five years ago. The descending wedge has been running for more than two months and a line has completed the breakthrough. It depends on the SEC's ruling on the ETH spot ETF, which will be around 1 or 2 in the morning of the 24th Beijing time. You can pay attention to it. There is no need to say more about the technical side.
ETH/BTC exchange rate fell below and then pulled back to 0.054, returning to the box. Ultimately, it depends on whether the ETF is passed and the weekly closing. If it can be maintained, it will usher in the cottage season. PEPE has broken through a new high, and many are facing a breakthrough of the previous high or stage high...$BTC $ETH $SOL #以太坊ETF批准预期 #BTC突破7万大关 #新币挖矿
