Feliz Natal

First, through last week's consolidation, Long Ge believes that the rhythm of the market will change, which means that ETH will gradually take over the market, and the market share of BTC will decrease. Currently, it does seem that BTC is performing weakly while ETH is relatively stronger.

After all, a big cake is still a big cake, as it is the leader. So if BTC continues to drop for a while, the overall market is still likely to go down, just a matter of who rebounds faster.

Back to the chart, let's take a look at BTC's trend: from the daily line perspective, there are no signs of stabilization on the K-line, it has been moving down in small steps and consistently closing with bearish candles. The MACD currently shows no signs of turning upwards, and the moving average system is very likely to test MA60. Additionally, the AO momentum indicator has already crossed below the zero line, starting from over 40,000, the AO momentum indicator has been above the zero line. This time crossing below is very likely to indicate a need for adjustment.

The daily line of ETH is obviously stronger, with both MACD and KDJ indicating golden crosses. During the downturn, it directly dropped to the support of the Vegas channel and also tested MA60. The daily line closed with a bullish candle yesterday, indicating a continued upward trend.

This rhythm allows us to observe the MA60 on the daily line. BTC is weak, while ETH rises and then follows BTC for a retest, and it’s still confirming the retest at MA60. Overall, the fastest rise in the market will probably be around mid-next month. In summary, observing BTC’s trend, the altcoin market still needs to be cautious. If it breaks below 90,000 again, will there be a lot of panic? $BTC $ETH $BNB #加密市场反弹 #比特币市场波动观察