$BTC Zhuang La eth, leading to a slight rise in btc.
From the btc trend, as long as 1161 holds, the entire upward trend remains unchanged.
If 1167 support holds, the market will aim for 1183 next.
If it fails to hold, it will go towards 1161, and the entire market will experience a period of range-bound fluctuations, with the upward amplitude being negligible.
btc has successfully established a base at 111900 and has moved out of a range-bound upward movement followed by a slight upward fluctuation. Next, it will basically be in a range-bound fluctuation between 1161-1183 for many days. ETH will surge, and altcoins will rise accordingly.
To put it plainly, as long as btc is in a range-bound fluctuation or slight upward trend, both eth and altcoins will rise. However, if btc breaks 1161 and enters a downward trend, then eth and altcoins will crash. This is the analysis and understanding provided by the k-line pressure levels, support, and historical trends.
Next, we will use Bollinger Bands, Vegas channel, and combine KDJ, MACD, and volume to analyze and predict.
