Last week, we continued to emphasize that the market is about to enter a new round of upward movement, especially with ETH showing strong performance, as it broke the $4200 bullish signal clearly.
Last Friday, the market started as expected, with ETH strongly rallying from the $4200 support level to over $4800, and hitting a new all-time high over the weekend, fully in line with our previous predictions.
In contrast, BTC's performance was relatively weak. We expected it to challenge the $11850 level, but it only reached around $11750 before pulling back.
Early this morning, there was a sharp spike, with a drop of over 4000 points in a short period of time. This trend clearly aimed to clear contracts.
This week, the market focus can still be on the performance of altcoins, especially the continuously highlighted assets such as SOL, DOGE, WLD, JTO, etc.
We expect BTC and ETH to continue their upward movement, but currently, the momentum is not sufficient, and the liquidity of altcoins has not fully recovered, leading to overall market performance being relatively weak and the increase being limited. $BTC $ETH #ETH创历史新高