According to the indicators and technical analysis, we are in an upward wave.
Not everything is analysis.. one piece of news can send the market to the moon and vice versa.
More than 500 million US dollars were liquidated from the market today.
The opening of the US stock market also caused volatility.
Market update: So far, despite the accumulation of negative news, Bitcoin has maintained its position, which indicates the strength of the trend.
Acquisition: A clear beginning of a correction in Bitcoin's acquisition so far, and this liquidity is primarily going to Ethereum.
This repeated behavior in every cycle shows that afterward, Ethereum achieves a new peak and then the liquidity goes to alternative coins.
The key for Ethereum to rise towards the peak is to first break 2844, then 3100.
And its targets are 5200-5400 $BTC