So, we have had a challenging week with the overcoming of the middle of the quarter. Against the backdrop of positive factors, the week and the second half of the quarter opened above 2500, which provides market support and reduces the potential for decline. However, we have only reached a temporary consolidation of the market, and it is too early to talk about a trend shift to bullish. The final consolidation of the direction will occur in June. For now, the market has entered seasonal sales since the 11th, which I warned about, and the task of the bulls is to compensate for them. Technically, there remains a large potential for a retest of 2100-2150, which may occur in the upcoming week.
In an optimistic scenario, the new week will open above 2500. In this case, on Monday - Tuesday, we will see again slight sales and Ethereum will not go below 2250, returning to the highs in the second half of the week. In a more negative scenario, the week will open below 2500; in this case, in the first half of the week, sales are likely down to 2100-2150, but with further purchases up to 2500 due to the opening of the second half of the quarter above that level.
Today and tomorrow, there is a probability of a buying wave; however, I do not recommend holding coins with a large market capitalization, as seasonal sales in a negative scenario may last from mid-May to August, leading to their stable decline. Coins with a smaller market capitalization may show more significant growth impulses during this period.
We are also approaching another assignment of the monitoring and delisting tag, which will have an additional impact on altcoins. Currently, fan tokens are in a good position, successfully compensating for the drop in the altcoin index and attempting to grow as they remain undervalued. I believe that in the near future they will remain interesting for speculators due to the drop in the rest of the altcoin market. The most interesting so far are atm and city, which may continue to grow from their current positions due to the absence of futures with active sales and their most oversold position. In an optimistic scenario, today - tomorrow, growth waves similar to acm are likely for them. Acm also has high growth potential, but it may take time to accumulate with a probability of retesting 0.75-90 before a new wave of purchases. Secondly, I consider alpine juv porto lazio. There is a possibility that Binance will continue to add futures for fan tokens every week, which will provide new growth impulses.
In addition to fan tokens, fio chess pivx adx quick, which remain undervalued, may show a new wave of growth. I will keep an eye on them closer to the middle of the week.