Hello everyone, colleagues!

This week there are few news events on the economic calendar, and the most eventful day for reports falls again on Thursday.

Therefore, on this day, with the start of the American session, be vigilant.

#BTC

At the end of last week, the asset came as close as possible to historical extremes, breaking out of a symmetrical triangle.

For me personally, a more logical scenario would be further movement down to the $96K-98K zone, from where, after a slight accumulation, I expect a continuation of growth.

As support in the aforementioned zone is the upward slope of the parallel channel (marked on the chart in blue), which we have not yet tested after the breakout, and the 200DMA on the 4H-6H.

At the moment on the 1D timeframe, three indicators are already hinting at the need for a correction:

- RSI in the overbought zone. It will just unload upon a decline.

- Bearish divergence with the volume histogram (increase in highs on the chart and decrease in volumes)

- Bearish divergence with MACD

#ETH

Ethereum is moving according to the scenario from the last review, having fallen below local ascending support. Next, against the backdrop of Bitcoin's decline, I expect another correction to the $2100-2200 zone, where the paranormal level from 03.02.25 passes, +200DMA 4H, +global ascending support and +zone 50-61.8% on Fibonacci, if stretched over the last impulse from 08.05.

With such a decline, the RSI indicator on the 1D will also unload.

But these are just my expectations. As always, there is an alternative in the market: growth from current levels to historical highs, without pullbacks and accumulations, not giving the best entry point.

These are my thoughts for the current week.

Thank you for your attention! Wishing everyone profit and patience!