#Update Market May 8, 2024 [DCCK]

$BTC gently going down and bleeding for quite a few altcoins, today is a slight rebound, not much for weak altcoins, the cash flow that can bet on the rebound is #meme..., the current healthy cash flow is still # WHO

$BTC - Resistance mark at 64k600

$ETH - Resistance mark 3120

Total3 - Resistance mark 666B

BTC.D - Resistance mark 55.35%

USDT.D - Trending up to 5.08%

Conclude:

- $BTC Thanks to the H4 fake breakout, I saw that yesterday it would decrease again. Today on the H1 frame, we see that the resistance has been broken. This morning until about 3:00 pm, we can see a weak rebound or a rebound to Fibo 0.5 and then down again.

- $ETH runs weaker than BTC, has returned to support, went up the stairs and down the elevator in a few 4-hour sessions, expected to bounce back to $BTC today and continue down through support

- BTC.D Dom is trending up again after breaking the h1 trendline

- Total3 has touched support, expectations rebound up and then down

- USDT.D Looking up to continue looking for 5.08%