From the weekly level, BTC is a small green candle with a long upper shadow and a short lower shadow, which shows that although the short-sellers are relatively strong, the bulls still have the upper hand. The trading volume is slightly larger than last week. MACD shows signs of weakening downward momentum far above the zero axis. The new week will still be a volatile upward trend. The monthly line will be closed in a few days, and the monthly line is also bullish.
From the daily level, the Bitcoin daily line is a small negative line, and the trading volume is basically the same as the previous day, which is less than half of the previous few days. After MACD crossed the zero axis, there was a trend of insufficient upward momentum, but this trend will disappear after a continuous high sideways trend. The daily line will still have shock adjustments, and then there will be a wave of upward rush, with a pressure level of 73000 and a support level of 65075-64448.
From the hourly level, Bitcoin has returned to the 6-hour level support and formed a rebound without a new high, forming a trend of insufficient upward momentum. The hourly level will be dominated by a volatile downward trend, with support at 66719-66121 and resistance at 69983.
ETH
Ethereum's weekly line is a super big positive green candle, and the trading volume is more than twice that of the previous week. MACD also shows a golden cross trend above the zero axis. This trend is a manifestation of strength. It should be noted that the weekly level has risen significantly, so there will be adjustments at the daily level this week. These are all normal adjustment trends. After the adjustments, it will continue to rise.
From the daily level, Ethereum's daily trend is still dominated by wide fluctuations. The trading volume is about twice that of the previous day, but much less than the previous few days. MACD shows a weakening upward momentum above the zero axis. After a few more days of fluctuations, it will continue to rise. The pressure level is 4000 and the support level is 3500.
From the hourly level, Ethereum's wide range of fluctuations is obvious, and it needs to continue to fluctuate and wait for the daily level K-line to be repaired. The support level is 3660-3600, and the pressure level is 3918-3950.
In terms of cottage
Just as we predicted, over the weekend there were constant performances by copycats that pulled up the market by more than 50% in a single day. The strong copycats remained strong, and the weak copycats remained weak.
Sports Coin has had a good performance. In the medium term, there will be a lot of growth. Those who bought it before can hold on patiently, and those who did not buy it can buy it on dips.
PEPE in the meme sector continues to hit new highs. It turns out that MEME is the best value. You can quickly enter and exit in the short term to make a profit, but from the perspective of risk control, it is not recommended to chase high prices. There are still many copycats in the market that have not risen much. It will be more cost-effective to focus on these copycats that have not risen much.
SAGA has currently formed a staged bottom pattern. You can get on board at the current price of 2.533, add to your position at 2.36-2.14, stop loss at 1.93, and take profit at 2.94-3.48. There will be a pullback around 2.71, so be prepared.
BRC20 Inscription
The adjustment of SATS on the daily level is about to end. The daily line has formed many cross star patterns, and it should perform well when the market is pulled up.
ORDI rose to a high of 44.45 in a short period of time yesterday, which is only 1 point away from the 45 position we mentioned. The trend also shows an increase in upward momentum. Just hold on patiently and wait for it to rise.
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
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