$BTC btc After the return, we need to pay attention to the vicinity of 123000. From the current weekly and daily indicators, it is not clear whether the indicators show a return from the high of 123000 to a bear market or a breakthrough to a historical new high, heading towards 137000. We will continue to analyze the overall market through the upcoming trends, but currently, we are more optimistic about breaking through the new high towards 137000.
ETH is influenced by the BTC trend. As BTC approaches 123000, ETH is on the journey to break through 4100 towards 4500. If ETH breaks the new high towards 137000, it needs to break the historical new high of 5000 to reach 5600.
Everyone actually knows one thing: whether interest rates are cut or not is no longer the main theme of the bull market. The approval of the ETF spot market and the government's beautiful recognition of cryptocurrency has intensified ZB's harvesting in the crypto space. The big trends of rising and falling are no longer solely determined by US dollar interest rates.
Currently, we first look at BTC going to 123000, and ETH breaking 4100 to reach 4500.
