Briefly and succinctly about the situation in the market, therefore we will analyze Bitcoin and Ether

#BTC

Overall, my extreme scenario from last week worked out quite well, where I expected movement towards the key support of $100K-101K, beautifully bouncing off the local rising support from April, reinforced by the 200DMA 6H. We even managed to avoid a dip to $98K, soaring 10% and returning to the zone of the last historical high.

Musk has reconciled with Trump, America and China have more or less agreed on trade relations, now it remains to make another new high. The 1W TF closed with a confident bullish pin-bar and it is quite likely that this week we will make a new ATH on positive news, after which I expect a deeper correction to the area of $95K, where the global rising support, formed from two highs of 2021, is currently located (see 1W TF)

#ETH

Ether is growing more confidently and is also successfully fulfilling my expectations from last week. Yesterday it broke out of an ascending triangle and today it even made a retest of support, continuing to move towards the targets above. I see a more global target in the zone of $3500-3600, where there is currently strong descending resistance, followed by a good correction or a prolonged consolidation below it. As intermediate targets, I consider levels of $3000 and $3200.

#TOTAL2

On the chart of the capitalization of all altcoins, we are once again approaching strong mirror resistance, upon breaking which, with a simultaneous decrease in Bitcoin dominance #BTC.D, the altcoin market will noticeably revive, especially if it manages to consolidate above the values of 1.3T.