$BTC
Update: Bitcoin and Ethereum (Thursday / July)
Bitcoin: If the hourly candle - any hourly candle, and this is the only condition - closes below the red line, it will have turned negative on smaller frames and will drop between 108 / 107.500..
Ethereum: It is essential to break the red line above with high momentum; it is not necessary to close above it, breaking it with high momentum is sufficient.. This point is very close, if it does not break it, it will face a correction below the blue box.
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The information:
The larger frames - even the 6-month frame - are positive, and the medium and small frames do not show confirmation in the direction yet; however, there are still many large sellers quietly selling (you can refer to the VBSM indicator to confirm)
The road to 116/120 thousand will not be easy!