This week's and today's market focus:
$BTC (Bitcoin)
-- Bitcoin's recent performance has been relatively stable, with market attention concentrated. Currently, the key is whether Ethereum (ETH) can lead market activity and the performance of altcoins.
-- According to the current trend, BTC frequently shows pin bar patterns on the four-hour chart, with a focus on the support strength in the 97,000-100,000 range during the day.
$ETH (Ethereum)
-- Four-hour level: Ethereum's movement is in sync with Bitcoin, also showing pin bar patterns during the upward process. The current four-hour support is concentrated in the *3,760-3,800* range, with strong defensive strength.
-- Daily level: The support is located in the *3,600-3,700* range, with limited upward space in the short term.
The key in the future is whether Ethereum can break through this year's high. If successful, it will not only stimulate market sentiment but also drive the overall market higher, further leading to a collective rise in altcoins.
Continue to focus on the following quality cryptocurrencies: AGLD, TRB, YGG, AR, PEOPLE
This week, we will focus on observing ETH's breakout situation and the performance correlation of altcoins, as market activity will become a key indicator determining market trends!
