$btc $eth started to pull back today after completing the weekly close, as mentioned on Friday that there would be fluctuations near ma5 over the weekend. On Sunday, it broke upward with a volume-price divergence, so today's pullback was expected;
$btc has once again fallen below Ma30 today, indicating that short-term bears are gaining strength, but the Bitfinex long whale has not reduced positions due to the price pullback. The key observation is the support level around 115000; if it holds, it could break the daily double top structure at 1124000;
$eth has formed a sell pattern on the 4-hour level. Today, watch the support level around 4200; if it holds, there’s a high probability of a rebound to 4600;
From the performance of $link $uni, it seems that altcoins are still strong in Defi recently. Both of them are in a weekly double bottom structure, and the overall trend will continue upward. Other altcoins are still in a consolidation phase; in fact, any coin in a consolidation phase often appears weak. Just like how people said link was dead before it started moving, now they are all shouting bullish after it has broken out of the consolidation. Therefore, holding onto your spot positions without being washed out by the market makers is the right approach.