#BTC☀
《Trend Changes — Current Market Analysis》
The big coin started to retreat after reaching resistance near the 98000 mark, and did not break below the support near 96800 that we mentioned, stopping this decline. The hourly chart appears to be turning upwards.
There is only the resistance near 98000 between the big coin and a breakthrough of the 100000 mark. The big coin is directly oscillating and accumulating between 96800 and 98000; it just needs to gain volume to trigger a wave of market activity.
The trend for Ethereum also seems to have improved, having stabilized around the support at 2640. The trend is tightening and is approaching the resistance at the 2700 mark, showing an upward oscillating trend. Additionally, the continuous net inflow into Ethereum ETFs in the US stock market last week has filled the market with anticipation.
Last weekend, BNX led the chain game sector, and today the AI sector COOKIE topped the gainers list, while DeFi's Lista also made a strong push, signaling the beginning of a market rebound.
If the coins in hand are stagnant, it's essential to remain calm at this time. Don't be like a monkey moving corn, dropping a watermelon to pick up sesame seeds. Sector rotation takes time. With the upward trends in both Bitcoin and Ethereum, and continuous net inflows of funds, it won't be long before the coins you hold will have their turn.
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