We are below the 61.39% level, which was the level we wanted to break, and at this moment we are quickly approaching the closest support around 60.37%. Note that this region has been tested before, and we did not succeed in breaking it, but this time it is very likely that we will finally break through.
Some Altcoins have broken their immediate resistances that were holding them back, but still, most remain, so breaking through this gray range on the chart will give us an overall scenario above the previous immediate resistances and turn them into support to attack higher prices.
The price of Bitcoin is above $115.7K, which is the level that must be maintained for dominance to continue going DOWN and relieve Altcoins even more.
This chart is very optimistic if we look at it in the 1D and Weekly; we can see that the coming months will be extremely positive. I am excited about this!
ETH continues to show incredible strength, and that is good. ETH/BTC is above the level we initially wanted, 0.033, which is very good and puts us in a great position; we must maintain this level at all costs.
If you sold your altcoins at the bottom, then you cannot say you weren't warned, as I told you several times that "there are no reasons for pessimism here; most charts are very good and ready for a broader recovery."
The thinking remains the same: Despite the Horsemen of the Apocalypse preaching CHAOS and PESSIMISM, I remain quite optimistic about prices... day after day, the same people who were asking for lower prices are being left behind.
If you give up here, you will bitterly regret it in the coming months!
We will reach 58.66% soon, so prepare for good profits; you deserve it!
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