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A new week has begun, indicating that a new market trend has arrived. Bitcoin and Ethereum's movements are within our expectations, with Bitcoin remaining strong as always, and Ethereum remaining weak as usual.
After Bitcoin successfully stabilized around the resistance near 84500 following the changeover at 8 AM today, it became a support level. After failing to break through the resistance near 86600, it began to pull back, oscillating around 85000, showing an upward trend in oscillation.
The movement of the altcoins is being severely suppressed by the resistance near 2010, unable to rise. The lower support has returned to around 1950. The current trend has a 50-point hurdle; without a strong upward momentum to break through, Ethereum will continue to struggle.
In a generally favorable situation, with Ethereum as a liability, there is a risk of a downward probe, especially affecting clones like NEIRO and PEPE, which are most significantly impacted by Ethereum. We must wait and see how things unfold.