GM ☕️
A few words about the overall market situation:
➡️ BTC gave a decent reaction from the support at 105k, there is still a small potential for movement to 108-109k, and the further development of the trend will depend on the reaction to this zone.
If it manages to hold above, the path to 110-110k will be opened. However, since May 13, the price has been in accumulation, and most likely, news triggers will be needed to exit it.
Overall, BTC is not significantly affecting the trading opportunities we have, considering the movements of the last few days.
➡️ ETH has a similar situation, tested the support at 2380 and went long, locally there is weakness - so we might see a slight decrease to 2430 and from there we could look for a continuation.
As we can see, major altcoins are not giving particularly interesting movements for trading, so let's consider the alt market:
🟠H - after yesterday's pump, significant sell-offs started, so there is an opportunity to search for local points for continuation of the decline.
🟠HFT also impressed yesterday with a good move, and at the moment a fairly wide trading range has formed, we will monitor it and work with the breakout in one of the directions. Set alerts.
PENGU is today's in-play, the price is trading before the daily high.