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$BTC close 1 green month tree, and $ETH close a month tree that increases the full body but touches the monthly frame resistance. However, we need to recognize the fact that the Volume and momentum of this increase are quite weak. There is even a momentum divergence on $ BTC. This is a reversal signal. The good thing here is that RSI is not yet in oversold territory. Monthly candles of $BTC & $ETH have bullish patterns. Usually in the past when these conditions appeared, it would continue to increase, or at least hesitate for 1 month before reversing, similar to the March 2024 period. Personal Plan: I recently listed a few new coins, still around the entry level. I will hold this amount until about the middle of the month and observe the 3D and W frames. If there is a bad sign of B vs E, I will exit. I'm still following the #Altcoins run wave to the last increase until about August 15-20 then adjust. Nothing has changed from previous updates.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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