$ETH
Observing the W timeframe, ETH is completing a pretty nice weekly candle. Along with a slight breakthrough through the trendline area of 3652. If ETH maintains its upward momentum and breaks through the 3K7-3K9 mark, then the ETH wave officially begins.
This section of the chart is quite similar to BTC breaking the downward trendline many months ago at the 75K5 area.
As I shared in previous articles, ETH is the backbone, or "Digital Oil" to lead the Altcoins wave.
The article about the Altcoins wave or Altcoin season yesterday, when the index was at 65/100 points.
In my opinion, AS is being activated in phase 2 (as shown on the right).
Currently, the monthly candle of ETH has reached its 5th candle, so with a strong upward trend and maintaining sideways on the 3652 area, this month ETH will have a large, green, long-bodied monthly candle with wicks on both ends.
$BTC
Bitcoinboy-8686
$ETH ETH OBSERVATION AREA AT THIS MOMENT...THERE ARE SIGNS OF BUYING Pressure 1H--Currently forming higher lows RSI has a move above the lower average line. Buying pressure has been gradually participating...It's safe to wait for confirmation on the 2H or 4H timeframe. Scenario B: The good show begins, SHORT orders will be liquidated, and the liquidation amount will be very large (see the right frame). A long and strong wick extending from the current correction area of scenario A at the price of 3K2, pushing the price and pulling the wick above the 4K mark will occur. Ending the green monthly candle. And the Altcoin wave will start again like in recent days, and even stronger creating FOMO until 24/12/2024 there will be another correction. A large liquidation area of SHORT orders from 3k5 and 4K will begin. Will continue to update projections!

#AltcoinMomentum
Why hasn't the 'altcoin season' arrived yet?

CEO of CryptoQuant believes that although BTC keeps setting new highs, the current growth mainly comes from institutional investors and capital flows from Spot ETFs going directly into Bitcoin, rather than altcoins.

BTCUSDT
Perpetual
95,258.4
+1.93%
For altcoins to break out, there needs to be a flow of capital from retail investors. If FOMO returns, trading activity will become vibrant, creating momentum for the altcoin season. However, until then, altcoins will have to fend for themselves to attract capital without the assistance of Bitcoin's upward trend.

$BNB usdt
$BNB #MarketBuyOrHold? Bitcoin reached a record high of $99,830 on November 22, but subsequently dropped by more than 8%, falling to a one-week low of $91,377.32 during the session on November 26.
This cryptocurrency has increased by 120% since the beginning of the year and about 34% this month, thanks to Donald Trump's election as President of the United States and the support of many lawmakers for cryptocurrency in Congress. Trump has expressed support for digital assets during his campaign, promising to make the U.S. the "cryptocurrency capital of the planet" and to accumulate a national Bitcoin reserve.
Nick Forster, the founder of the decentralized protocol Derive with a total trading volume of $7.1 billion, stated on November 26 that the options buy-sell spread index for Bitcoin with a maturity date of December 27 had significantly decreased by 30% in the past 24 hours, as market participants shifted to more defensive strategies.
The options buy-sell spread index is a market sentiment indicator that reflects the difference in market expectations regarding the future price increase and decrease of the asset. A positive index indicates that demand for call options is higher than for put options, meaning that there are more predictions of price increases.
In this case, the options buy-sell spread index decreased by 30%, meaning that the gap between call options and put options is narrowing. Although the spread remains positive (still leaning towards call options), this decline indicates that market sentiment is shifting from optimistic to more cautious, with many traders seeking protection against potential downside risks.

$BNB Binance Coin is not just a cryptocurrency; it powers the Binance ecosystem. With utility for transaction fees, staking, and DeFi projects, holding BNB can be a strategic move for long-term growth. Always DYOR before investing!

#MarketBuyOrHold?
What reasons are there to buy and hold Binance coin (BNB) in a situation where the price is still declining?
As the favorite of the leading exchange in the market, BNB is expected to perform well in the long term. The future of BNB is tied to the existence and development of the Binance exchange.
The frequency of Binance's Launchpool releases shows no signs of slowing down and is becoming more continuous. After the end of this project, just a few days later, Binance announces another project. This is an important motivation so that even if BNB declines, it can quickly recover.

#MarketBuyOrHold
hold btc

Doge

#MyFirstFeedPost Hello, Binance Square!