The market is fluctuating around 120,000. With the new week approaching, it is about to test the breakthrough above 120,000!
ETH is very strong, frighteningly strong. Only by breaking above 4000u will the ecosystem truly experience an explosion, and Alts will have a chance. Everything has just begun. Once this round starts, reaching a new high is not a big problem; the situation has changed!

The BTC trend is very stable and strong, making it difficult to have a significant pullback. A drop of within 5% is already sufficient. The ETF has seen net inflows for ten consecutive days, which is also one of the reasons why BTC is unlikely to experience a significant decline.
At the same time, the BTC on the exchange is decreasing, having reached 2.15 million coins, hitting a historical low and continuing to decline. A quantitative change will lead to a qualitative change; once a certain threshold is reached, the Bitcoin shortage will emerge.

Attention everyone, SOL has broken through the range and is starting a strong pump...

At present, BTC has been showing a steady upward trend, which has a lot to do with the continuous buying of institutions, and the ETF has continued to have a net inflow of more than 20,000 BTC in the past week, and USDT is also minting in large amounts, indicating that the follow-up capital demand is relatively strong.
A small market is a three-month big market that will last for six months, and it has been gone for a month, which means that this round of market is expected to last for about 2 months.

To be honest, I am also a hardcore fan, haha...
ETH is trying to break through and move out of the consolidation range, provided that BTC stabilizes! Damn, it hasn't welcomed the final explosion yet.

Among all the coins, only BTC is the strongest, basically only rising without falling and continuously breaking new highs.
In addition, there are alts like ETH and SOL. You will find that every time there is a rise, ETH can basically outperform BTC, but its price fluctuates and does not continuously break through. This is mainly because BTC has not strongly initiated a main upward wave, and the market is still unclear and lacks confidence. Once BTC breaks through its ATH and stabilizes, ETH will quickly surpass $3000.

It has broken through, it has broken through. Currently, ETH has broken through the $2587 resistance level and is testing around $2600.
ETH has broken through the adjustment trend line and is launching a new round of upward movement. Once this breakthrough is stabilized, it will sprint towards $3000. BTC is also close to breaking its ATH. Once both BTC and ETH break through, a massive main bull wave will come!

It can be seen that ETH is currently trying to break through the downtrend line. The first attempt failed and it continues to test. The key support level is around $2450 and $2400. It will be fine if it does not break below, but if it does, there will be a significant pullback.
We are currently in a phase of change, where volatility will be relatively high. The current decline is mainly influenced by the US stock market. As long as BTC stays above 100,000, everything will be fine. If BTC stabilizes, the increase of ETH can surpass that of BTC. Just wait, we should have results this week.

Sometimes I can't help but admire the market manipulator's trading logic. The extreme whipsaw in a short time creates Fluctuation, just touching $2587 for a peak drop and then starting to pump near $2350. Perfect!

The current situation is that BTC is unlikely to fall much for the time being. Therefore, although ETH and SOL have large declines, their declines are also limited. However, once BTC fluctuates around 100,000 or even falls below 100,000, this order will be relatively dangerous. We should have results this week. Good luck

The premise of engaging in altcoins is that BTC can stabilize. If the market trend is favorable, that would be even better. Clearly, this is indeed the case at the moment; BTC is strong and it is hard to see a deep pullback. Currently, we are still in the early main rise of this round of market. Therefore, it is evident that engaging in altcoins offers a better cost-performance ratio. The cost-performance ratio of F3B is indeed good, so it's worth a little investment. Who knows, there might be some action again. In the last round, it went up by 20 times, which was incredible!

You can understand by looking at the chart. BTC is very strong and basically refuses to retrace deeply. Around a hundred thousand, it will only test repeatedly for now. There should be changes in the market around next Wednesday.
BTC will still lead the rise, and subsequently, ETH and SOL will outperform BTC. Let's wait and see.

The breakout is likely to happen next week, with BTC showing strong fluctuations at high levels, while ETH's trend remains relatively strong, making it difficult to see a significant pullback. After all, the strong pump in the first phase caused many people to miss the opportunity. This position is meant to wash out those who entered a position earlier and then continue to surge. The strong resistance level will oscillate repeatedly, and if a significant pullback occurs, it would be an opportunity.

Near the new highs, a sideways movement is needed to digest the huge rise of nearly two weeks. BTC has already risen nearly 40% from the bottom, and ETH has surged nearly 85%. The rise has been a bit too fast and urgent, and many people simply couldn't enter a position in time. Meanwhile, the current sideways movement will wash out short-term speculative profitable positions while also facing pressure from the new highs, with market makers choosing to consolidate in a sideways manner.
BTC is currently in a sideways trend, which will give alts an opportunity. ETH's strength will not stop here;

Look at this trend and you'll understand how it will move next. It moves very steadily in a typical rise channel, with sharp pumps followed by Sideways fluctuations, then another sharp pump followed by more Sideways fluctuations. Currently, the adjustment range is between 3000-5000u, and as the price rises, the fluctuation range will increase.
From the perspective of adjustment time, it is generally around 10-15 days. Currently, a new round of Sideways fluctuation is underway, so it is very likely that there will be repeated fluctuations within the range in the near future. Keep up with the rh