#bitcoin on the short term we need to closely monitor the support level of 111.000$ band. Gaining the upper level of 116.500$ is critical for the continuation of upward movement.
On the #ethereum side, we bounced from the 4060$(24h Ma20) band. It’s too early to say that the short to medium-term downtrend is over. We may linger in horizontal movements with ups and downs for a while longer.
I do not expect a close below 3900$ .
The levels of 4326$-4380$-4456$ are important on the upper side. If we surpass these levels, the formation target is 5600$ .
Tp levels: 5042$-5200$-5357$
Although there may be short-term pain in #dominance, the negative trend in medium and long-term time frames continues. If we drop below the level of 59.38, enthusiasm in the lower ranks will increase.
We will soon start to see short-term x2 movements in some altcoins‼️
Not in all of them!!! These will happen in those that have matured and want to break out of the contraction.
I wish everyone empty profits.