Hello everyone!

Let's get straight to the point.

#BTC

Nothing interesting has happened in the market since the last review this week, but after Powell's speech yesterday, Bitcoin has once again taken the initiative into its own hands, judging by the chart of its dominance #BTC.D. I think this won't last long.

On the price chart of the asset, there have been no strong movements, and at the moment a figure of uncertainty "Symmetrical Triangle" is forming, from which the breakout can happen in either direction.

Looking at the overbought condition of the RSI indicator on the 1D, I also expect, as in the previous review, another decline at least to the level of $98K, to the ascending support of the parallel channel (marked in blue on the chart in the video), from where I expect a bounce back to the historical values of BTC.

+ today there was news that whales sold 30,000 BTC in the last 72 hours. That is, the unloading of whale positions continues slowly, which does not look so optimistic for good growth.

Bitcoin's dominance clearly hit the ascending support, rebounded by 2%, and I think we will see another approach with a breakout of this support, which will allow the altcoin market to breathe a little more freely.

#ETH

Ethereum is also holding its positions quite well, but if Bitcoin's dominance continues to grow while BTC itself declines, we may see a drop in Ethereum and the collection of liquidity under the local ascending trendline down to the range of $2100-2200, coinciding with the 50-61.8% Fibonacci retracement zone. This will help relieve the RSI on the 1D a bit more.

Thank you for your attention, and I wish everyone profit.

We are waiting for news from geopolitics, which will provide clarity for further movements in the market. Be kind!