Now let's look at Ethereum and ADA. What is this dying Ethereum doing? It is still standing still even though Bitcoin has reached a new high. The recent trend makes us think that it is not dead or something, but it is just because it has not yet risen out of the trend.

I think as long as ETH does not fall below 2800, it will still be a bullish trend. Looking at the weekly chart, it is still a head and shoulders bottom pattern. You can try to open a position in the 3000~3170 range and stop profit at the previous high.

Next is ADA. I believe that many people are numb by the recent volatility of ADA, but the more volatility, the easier it is to generate trading opportunities, and ADA is really moving more and more clearly now. It has tested the horizontal resistance zone 4 times. If it breaks through, it will be the time to open a new high. You can try to open a long position in the 0.87~0.93 range and stop profit at the previous historical high. $ETH $ADA

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